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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: Dennis R. Duke who wrote (45894)5/3/1998 5:44:00 PM
From: pat mudge   of 61433
 
Dennis --

From this week's Economist:

<<<A proposed new accounting system for mergers and acquisitions in America may make cash deals more attractive and all-stock deals less so. The Financial Accounting Standards Board is mulling changes that would make rules on accounting for goodwill less onerous for those firms that pay cash for their acquisitions. It may also bar all-paper deals from a "pooling of interests", an arrangement that avoids goodwill altogether. >>>

economist.com

You may want to research this further.

Pat
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