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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Andreas who wrote (7633)4/29/1999 5:42:00 PM
From: Labrador  Respond to of 21876
 
ratio is 1.65 shares Lucent for each share of Ascend.
So if Lucent is at $58, Ascend equivalent is $95.70.
So Ascend trading at a slight discount to Lucent price.



To: Andreas who wrote (7633)4/29/1999 5:57:00 PM
From: Gerald Walls  Respond to of 21876
 
Would someone please remind me how many lucent shares(post split basis) for every ascend share?

It was about 61 ASND to get 50 LU plus a fractional share (less than .5), so now it's about 61 ASND to get 100 LU plus a fractional share. I know this because that's what I bought after running the numbers.

I don't remember the exact number but it was something like .825 (now 1.65) LU for each ASND.


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