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Technology Stocks : Ascend Communications (ASND)

ASND 196.81

-4.9%

Dec 9 3:59 PM EST

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To: Matt Meagh who wrote (29053)	12/31/1997 2:18:00 PM
From: Glenn D. Rudolph	of 61433

TECHNOLOGY ISSUES AMONG BIG STOCK MOVERS IN LIGHT TRADING Futures World News - December 31, 1997 13:07 STOCK V%FWN P%FWN New York-Dec. 31-FWN/UPI--TECHNOLOGY ISSUES ARE AMONG the big movers in light trading today as the market prepares to ring out 1997. Republic Industries Inc. is pacing the Big Board actives, up 2 1/4 to 23 3/16. Compaq Computer Corp. follows, up 1 3/8 to 56 1/8. EMC Corp. is third, ahead 1 3/16 to 27 13/16. Among other technology issues, Dow components IBM Corp. is up 1 3/4 to 104 7/8 and Hewlett-Packard Co. is ahead 3/4 to 62 5/16. Texas Instruments Inc. is up 1 5/8 to 45 3/4, Micron Technology Inc. is ahead 5/8 to 26 3/16 and Motorola Inc. is ahead 5/8 to 57 3/4. Elsewhere on the NYSE, CompUSA Inc. is up 2 1/4 to 31 7/8 after announcing its sales in fiscal second quarter jumped 22% to a record $1.46 billion from $1.20 billion during the same period last year. Ascend Communications Inc. is leading the Nasdaq actives, up 1 to 25. Intel Corp. is next, off 1/2 to 71 3/16. Cisco Systems Inc. is third, ahead 3/16 to 56 9/16. Microsoft Corp. is ahead 5/8 to 130 7/8 after a federal appeals court granted the software giant late Tuesday an expedited hearing on its bid to overturn a court order forcing Microsoft to sell its Windows operating system and Internet browser product separately.

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