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Technology Stocks : Ascend Communications-News Only!!! (ASND)
ASND 201.08-0.3%3:59 PM EST

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To: Dee Jay who wrote (1620)5/21/1999 4:00:00 PM
From: Dee Jay  Read Replies (1) of 1629
 
Ascend Communications and Lucent Technologies Announce Shareowners
Meeting for Merger Approval

ALAMEDA, Calif., May 21 /PRNewswire/ -- Ascend Communications
(Nasdaq: ASND - news) and Lucent Technologies (NYSE: LU - news) today
announced a special meeting for Ascend shareowners to vote on the
company's proposed merger with Lucent. The meeting will be held at The
Ritz-Carlton at 600 Stockton Street in San Francisco on June 24, 1999, at9:00 a.m. (PDT).

Ascend shareowners of record as of April 27, 1999 will be entitled to vote at the special meeting. Under terms of the merger agreement, Ascend shareowners will receive 1.65 shares of Lucent common stock in the merger for each share of Ascend common stock. Proxy materials will be mailed out shortly.
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Ritz-Carlton, eh? Will lunch be served?
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