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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: Ashley Campbell who wrote (46830)5/13/1998 2:16:00 PM
From: gbh  Read Replies (2) of 61433
 
Ashley, actually they aren't prohibited from making an acquisition by any laws or anything. They are just unable to use the more favorable "pooling of interests" method until Oct., 2 years after their ATT split.

Why they had to wait 2 years, I'm not sure. This may be law, or just something they agreed to with ATT, or SEC.

Gary
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