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Technology Stocks : Ascend Communications (ASND)

ASND 212.55

+1.2%

12:59 PM EST

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To: jach who wrote (47036)	5/18/1998 1:10:00 AM
From: djane	Read Replies (1) of 61433

jach, I thought you'd like this little tidbit from todays WSJ about Grubman after his muddled thoughts on VoIP in Barron's this weekend. I guess maybe he's trying to knock down the price so that his clients can buy VoIP-related firms Executive recruiters estimate that Mr. Londoner, despite his 38 years in the business, takes home annual pay of around $1 million -- even as star analysts such as Salomon Smith Barney's Jack Grubman make seven times that, thanks to bringing in an enormous amount of investment-banking business.

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