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Technology Stocks : Ascend Communications (ASND)
ASND 212.55+1.2%12:59 PM EST

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To: RUDAMON who wrote (34796)2/13/1998 5:16:00 PM
From: thebeach  Read Replies (4) of 61433
 
Is this someones idea of a joke?
I found this on the Yahoo thread.

Friday February 13, 5:04 pm Eastern Time

AFTER THE BELL - Ascend jumps on takeover

NEW YORK, Feb 13 (Reuters) - Shares of Ascend Communications jumped
10 1/8 in early after-hours trading Friday after Nortel (nt-nyse) agreed to buy
out the networking company for $45 per share.

Other stocks remained near to their closing values, dealers said.

Trading remained light over an hour after the market close, dealers said.

The New York Stock Exchange said session one trading volume was 696,600
shares compared
with volume of 3.07 million during the prior session. Session two trading volume
was 2.38 million
compared with 2.37 million the prior session.

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