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Technology Stocks : Ascend Communications (ASND)
ASND 199.63-1.4%Dec 18 3:59 PM EST
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To: Kumar Nathan who wrote (11950)9/12/1997 1:19:00 PM
From: Kim Hailey   of 61433
 
when you back back stock, you queer the pool and generally can't
aquire companies through pooling for 18 months, 12 months with
good behavior. The nature of hitech is acretive. If asnd had used
their cash to buy back their own stock, they would not have cash
for aquisition and could not pool.
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