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


To: Lee Ring who wrote (60462)3/26/1999 9:18:00 PM
From: John Meares  Read Replies (2) | Respond to of 61433
 
Stupid question.

New shares will be issued on April 1 to shareowners of record on March 5.

What if someone buys the stock between March 5 and April 1? What happens to their shares when the stock spilts?



To: Lee Ring who wrote (60462)3/29/1999 4:22:00 PM
From: Lucinos  Read Replies (1) | Respond to of 61433
 
Lee,

The deadline for the merger of LU and ASND is on Apr 8. If it is
approved, then the merger will be completed in Jun.

The deadline is so close now. However, there is still a 5
dollar difference between Lu and Asnd. Is it normal. Do you know
the reason for this big difference. Thanks.

P. Lucinos