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

To: Mighty Mizzou who wrote (59544)1/25/1999 5:02:00 PM
From: Bindusagar Reddy  Read Replies (1) | Respond to of 61433
 
Mighy, ASND trading at 80.25 after hours. News from LU just hit the wires. LU in developmental deal with AMAT, ASMLithography in developing scalpel electron beam lithography. Anyone with some ideas on what this means.

Regards,
BR



To: Mighty Mizzou who wrote (59544)1/25/1999 9:20:00 PM
From: Jack Whitley  Read Replies (1) | Respond to of 61433
 
<<Wouldnt the conversion rate just be doubled or tripled, assuming ASND doesnt split, and everything else washes out as usual? I dont know. Can anybody help?>>

I thought I remembered reading that LU was going to do a dividend distribution via stock shares this spring in lieu of a split. I think someone posted that a few days ago.

jww


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