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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: Tom Hua who wrote (30095)	1/12/1998 8:27:00 PM
From: dwight martin	Read Replies (1) of 61433

One of the international finance experts on "The News Hour" related that ONE QUARTER of the capital of the bank behind Peregrine (or was it of Peregrine itself?) was "invested" in the Steady Safe Taxi Company, in Indonesia, and that the taxi company's failure was what triggered the failure of Peregrine. Amazing - - sounds like 1897.

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