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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Sector Investor who wrote (27465)12/10/1997 11:51:00 PM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
<<We finally hit 0. Nowhere to go but up from here :>>

Oh goody! I can now buy an infinite amount of ASND - why I'll buy
all 200 million shares for just commission costs - where did I put
that checkbook?


Sector,

Let's see. If you had an account at Fidelity (Spartan, low commission), you would pay $25 commission for the first 1,000 shares and $30 for each additional 1,000 shares.

So, $25 + ($30 * (200MM shares/1,000 shares)) = $6,000,025 commission.

Go for it!

Gary Korn

P.S. You got the chump change for the comm'n?