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

To: H.A.M. who wrote (58724)1/11/1999 6:25:00 PM
From: BostonView  Read Replies (3) | Respond to of 61433
 
Congrats to the long-term longs, especially Sonny (still around?) for convincing me to roll my lucky strike in Stratus shares into ASND with the double-whammy potential of an LU buyout.

Back-to-back homeruns make this a trade to remember.

BV

Yes, it's a done deal, IMO.



To: H.A.M. who wrote (58724)1/12/1999 9:08:00 AM
From: Greg Boris  Read Replies (1) | Respond to of 61433
 
I redid the math based on estimated 1999 earnings of each, lu ($2.11) and asnd ($1.70) based on fully dilutive shares numbers of 1.329 billion and 206 million, respectively and you get $90 for breakeven=no dilution. My original number was very close based on 1998 earnings.


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