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Technology Stocks : Ascend Communications (ASND)

ASND 208.46

-2.1%

2:06 PM EST

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To: dav who wrote (54095)	9/11/1998 8:48:00 PM
From: david jung	of 61433

Ericsson on the move europe.cnnfn.com ..."Earlier this year, Ericsson passed on an opportunity to acquire Bay Networks (BAY). But Cavallone said another major data-networking company could make a good fit with Ericsson. <Picture>"A company that comes to mind is Ascend," he said. "Their name is always mentioned when it comes to these deals." <Picture>Ascend Communications Inc. (ASND) recently acquired Stratus Computer Inc. (SRA), a developer of technology that allows telephone carriers to offer services such as caller ID and call forwarding over data networks using Internet technology. Some analysts have said that deal makes Ascend even more attractive to potential buyers from the telecom sector. <Picture>For now, however, Cavallone said Ericsson will likely be satisfied with making smaller deals along the lines of Wednesday's Advanced Computer deal."... David WallStreet Links: 100+ Investment Links freeyellow.com

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