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


To: Jurgen who wrote (28273)12/18/1997 11:32:00 AM
From: craig crawford  Respond to of 61433
 
That's a total crock. INTC can warn anytime they want to.

That stuff about the quiet period is a misnomer. There is never a period when a company can't warn.

(Sorry about the off topic stuff guys but ASND isn't really providing much to talk about)



To: Jurgen who wrote (28273)12/18/1997 11:34:00 AM
From: Sector Investor  Read Replies (2) | Respond to of 61433
 
Hey. AT&T sold their credit card division for $3.5 billion in cash.

The companies said in a joint statement that they expect the transaction to be consummated by the end of the second quarter of 1998 once the proper regulatory approvals are given.

A Citibank spokesman said the AT&T Universal division has $15.7 billion in total assets, including the receivables. The assets are partially funded by $5.6 billion in AT&T debt, which Citibank will
assume.


Gee, they could use this cash for something in 1998. I wonder what?