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

To: Duke who wrote (50879)	7/31/1998 12:10:00 PM
From: The Phoenix	Read Replies (3) \| Respond to of 61433

Well, if you have to trade 2 1/2 shares of SRA to get one share of ASND and it cost you $75 for those 2 1/2 shares....end in return you get a share of ASND valued at $50....well....that seems like a pretty stinky deal to me. You held securities worth $75 and now own securities worth only $50. You would lose....and believe me ASND won't go up because of this deal (in the short term)...maybe not even to $50. My guess is that it's not a 2 1/2 for 1 otherwise SRA investors will not agree to the deal. It's probably more like 1 1/2 to one. That would be $45 in SRA for $48-$50 for ASND. That's would seem to be more like it. Would you agree? OG