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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Chris Steele who wrote (25811)	12/4/1997 7:36:00 PM
From: Chi-X	Respond to of 61433

NEWS: Oct 17 Ascend <ASND.O> up as buyout rumor surfaces NEW YORK, Oct 17 (Reuters) - Shares in Ascend Communications rose in morning activity on Friday amid market rumors Lucent Technologies Inc <LU.N> was exploring the possibility of buying the company. According to the Wall Street Strategies newsletter, the strong performance today by Ascend shares -- as tech stocks were suffering broad losses -- was linked to the buyout rumor. A Lucent spokesman declined comment on the rumor as a matter of company policy. A spokesman for California-based Ascend was not yet available to comment... Chow, Chi-X hath Spoken! "One thing about the school of experience is that it will repeat the lesson if you flunk the first time."