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Technology Stocks : Ascend (ASND) descending?
ASND 213.41+1.9%Dec 31 3:59 PM EST

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To: Billy Dunn who wrote (215)6/25/1996 8:55:00 PM
From: Dee Jay   of 313
 
As I recall during the Conference Call discussion M. Ejabat or the CFO said the Netstar acq. would be dilutive and might drag down earnings in the 3rd quarter. However, merging the product lines involves adapting them, including software, to each other and that they already had teams (3) working on the project - that was when the acquisition was announced. Clearly they've got this product merging on the fastest possible track.

The combined ASND/Netstar/Morningstar configurations should start adding to the bottom line late 3rd/early 4th quarter.

I would guess that the Netstar addition positions ASND, particularly with the new Lucent alliance, to make further inroads with all of the RBOCs for the present as well as important areas for the future.
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