Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 211.81

+0.6%

10:29 AM EST

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To: gbh who wrote (51399)	8/3/1998 12:59:00 PM
From: Robohogs	Read Replies (2) of 61433

Merrill Lynch is out stating that for accounting purposes, it will be as if ASND never bought the albatrosses. They will be accounted for as operations held for divestiture and will not flow through core earnings from continuing ops.

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