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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

Dec 8 3:59 PM EST

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To: djane who wrote (51813)	8/7/1998 11:14:00 AM
From: Clay Takaya	of 61433

<< Asked twice about acquisitions after 10/1/98. He basically evaded the question, but said they would do so where it was strategic and financially sound.>> Actually, what I heard was that the "pooling of interest" open door as of 10/1 was of no particular consequence to LU. As you mentioned, McGinn further stated that LU would do any kind of acquisition when it made sense. I agree that he was somewhat evasive, but who could blame the guy? Liked what he said about the SRA acquisition.

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