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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: jcashin who wrote (19306)	10/27/1997 9:58:00 PM
From: Glenn D. Rudolph	of 61433

*GLANCE-Reuters Top Business Stories-2300 GMT* Reuters Story - October 27, 1997 21:12 %&64 %NEWS %SOF %DBT %OILS %MEAL %US %CA %CN %JP %HK %CRU %PROD %FRX %GOL %GDM %GLANCE/BIZ VICK.L TIT.MI MO REED.L BASS.L UCL NEWS EQUITY MONEY TREASURY BONDS DERIV COMMODS ENERGY SHIPPING REUTERS USER/HELP PHONE/HELP V%REUTER P%RTR To access news and prices click on codes in brackets or type code and hit the news key (f9) for [] items or enter for <> ------ DOW PLUNGES 554, TRADING STOPS FOR DAY ------------------ * Dow off 554 points,NYSE trade halted for rest of day[nN2770542] * SEC refuses to comment on stock market activity [nN27132227] * Toronto stocks set biggest ever 1-day point loss [nN27553958] * Brazil shrs drop more as Dow pushes lower on Asia [nN27102834] * Lima shares plummet on falls around the world [nLAACA2706] * Latin American stocks tumble in record sell-off [nN27129646] * Canada dlr falls further, slammed by stocks slump [nN27551391] * White House seeks calm after stocks tumble [nWAT5077] * US banking panel chair says no reason to panic [nWAT5079] * Small U.S. investors calm for now as Dow sinks [nN27100430] * Gold bounces as stock market freefalls [nN27107500] * Chicago marts trigger circuit breakers with NYSE [n271136205] * Greenspan testimony eyed for words of comfort [nN27101611] * INSTANT VIEW - No bottom yet seen for Dow [nN2796604] * ANALYSTS VIEW - Asia fears put heat on U.S. stocks [nN2769170] * CBOT Dec T-bonds rise sharply in after-hours trade [nN27143417] * Chicago stock index futures, options resume trade [nN27139335] ---------------------TOP STORIES----------------------------- * White House says U.S. budget deficit $22.6 billion [nWAT5072] * Brown rules out British entry into EMU [nFLLEAR29V] * U.S. stocks drop again as Hong Kong resumes slide [nFLLEAR295] * FOCUS-European stocks end sharply lower again [nFLLMAR09S] * U S WEST to split into telecom, cable companies [nFLLEAR21Y] * FOCUS-BMW in pole position for Rolls-Royce[nFLLUNR50U] ---------------------MARKETS--------------------------------- * UK statement on EMU sends bonds and shares lower [nFLLFNR6AL] * FOCUS-SE Asian currencies fragile as pain spreads [nSIN2407] * Dutch bourse seen recovering from fraud probe [nAZ2700129] * Turkish shares dive 11 pct as confidence fails [nIU2701005] ---------------------ECONOMIES------------------------------- * EU says EMU would be better with Britain [nFLLEAR20W] * Institutes see '97 German growth 2.4 pct -sources [nBAT5481] * Critical mass exceeded for Russia London Club deal [nK2703696] * Schroders re-rates Asian Tigers to "Hello Kitty" [nSIN2414] * FOCUS-Israeli government begins budget battle [nJI2700503] ---------------------CORPORATES------------------------------ * FOCUS-Kohl, Chirac see Smart car a european symbol [nK2706394] * FOCUS-Telecom Italia closes at sale price [nE2704631] * Oxford Health stock down by half after loss [nFLLEAR2DX] * Philip MorrisEurope head indicted in Italy [nD2700616] * FOCUS-Reed keeps grip on "must-have" info [nAY270005O] * FOCUS - Bassslips on hotel bid report [nFLLUAR0NQ] ---------------------COMMODITIES AND ENERGY------------------ * NYMEX new phone system has faults, stifles trading [nN27135471] * NYMEX energy prices slip in quiet market [nN27675060] IPE Brent ends up but off highs on some liquidation[nFLLOAR2GJ] Gold bounces as stock market freefalls [nN27107500] * FOCUS-Oil climbs as Iraq turns up the heat on UN [nFLLONRAKM] * EU struggles to agree on gas liberalisation [nE2703219] * Unocalgets biggest share of Turkmen gas [nMY2700176] ----------------OTHER INFORMATION---------------------------- Access to some items may depend on subscription level For expected business news items expected in the next few hours, click on [OUTLOOK/B]. For expected political and general news items, click on [OUTLOOK/] Top Business News [GLANCE/BIZ] General News [GLANCE/G] Sports Glance [GLANCE/SPO] Features [GLANCE/FEA] Equities News [GLANCE/E] Forex News [GLANCE/FRX] Debt News [GLANCE/GVD] Energy News [GLANCE/O] Metals News [GLANCE/MTL] Soft Commods News [GLANCE/SOF] Polls/Surveys [GLANCE/POL] Guide to Glances [GLANCE/] Index of Diaries [IND/DIARY] Press Digests [PRESS] Oddly Enough [ODD] Reuters Speed Guides to Services and Customer Help

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