Ascend Communications-News Only!!! (ASND) Message Board

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Technology Stocks : Ascend Communications-News Only!!! (ASND)

ASND 204.41

-1.0%

Nov 14 9:30 AM EST

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To: Gary Korn who wrote (501)	11/10/1997 9:16:00 AM
From: Gary Korn	Read Replies (4) of 1629

(REUTERS) BEFORE THE BELL - MCI <MCIC.O> jumps on merger BEFORE THE BELL - MCI <MCIC.O> jumps on merger NEW YORK, Nov 10 (Reuters) - Shares in MCI Communications Corp jumped in pre-opening trade Monday after it and WorldCom Inc <WCOM.O> said they agreed to a $37 billion merger. The telecommunications company's shares were trading at 42, up from a Friday closing price of 36-14/16. The shares were gyrating in rapid trades, with the stock also changing hands at 42-7/8 and at 41-3/4. "It's bouncing around a lot this morning," a dealer said. WorldCom was trading at 31-5/8 from a close of 33-2/16. MORE

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