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Technology Stocks : Ascend Communications (ASND)

ASND 216.92

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3:59 PM EST

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To: The Phoenix who wrote (55924)	10/14/1998 8:42:00 PM
From: ibrandybuck	Read Replies (3) of 61433

OT - Perhaps there is another Philips, to which you are referring. The one I'm thinking of is alive and well and generating some $40 billion in sales, though not much of it is telecom related these days. Unless I missed something, PHG is still based in the Netherlands, though, as I said, I'm sure they continue to have extensive operations in France. If by TRT you are referring to Telecommunications Radioelectriques et Telephoniques of Paris, that was a former Philips subsidiary, divested a few years ago, along with some of its other telecom assets. Pop quiz - who was the buyer?

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