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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: Glenn D. Rudolph who wrote (49032)6/19/1998 7:00:00 AM
From: gbh  Read Replies (1) of 61433
 
Glenn, I would expect this news to negatively impact the stock today. It doesn't seem likely the Ericcson exec would state this if they were actually in negotiation with ASND. ASND execs would probably perceive this as very manipulative. BTW this is consistent with earlier statements they have made re: smaller acquisitions versus larger. I guess we'll see soon enough.

Gary
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