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Technology Stocks : Ascend Communications (ASND)
ASND 220.58+5.0%Dec 12 3:59 PM EST

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To: Gary Korn who wrote (18471)10/20/1997 9:26:00 PM
From: Sector Investor   of 61433
 
<<Note, however, that ASND has no similar cc scheduled. So, this is not likely
to have anything to do with ASND.>>

Gary, this sounds like a normal CC after earnings to me. Why should
it have anything to do with ASND? The thread tonight has been a little
ridiculous, IMO - LU already buying shares, etc. It sounds like people
think this is a done deal.

This rumor is just that - a rumor. Even IF they ARE talking merger,
these things take weeks - several technical analysis meetings (both sides),
followed by senior management discussions (both sides) then finally several
meetings of the respective boards of directors to approve and iron out
remaining issues, etc. This process takes lots of time.
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