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Technology Stocks : Ascend Communications-News Only!!! (ASND)
ASND 212.98+1.8%Jan 7 3:59 PM EST

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To: Gary Korn who wrote (1105)2/4/1998 5:52:00 PM
From: Maverick   of 1629
 
Nortel To Announce New Data Communications Unit, part II

By MATTHEW FRIEDMAN
Johnson speculates that Nortel may be preparing
for a round of acquisitions. Indeed, due to
Canadian regulations, in order for the Canadian
company to pursue the long-rumored acquisition
of Cabletron, a new independent business unit
would be a necessity. "All of the rumors you've
heard about Nortel are probably true," Johnson
said. "The question is whether it's part of the
immediate or mid-term strategy."
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