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

To: Larry J. who wrote (29052)	12/31/1997 2:20:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 61433

Here is another example of the leaching: Cognos Says Securities Class Action Lawsuit Without Merit PR Newswire - December 31, 1997 13:12 COGNF CSN. %CPR V%PRN P%PRN OTTAWA, Dec. 31 /PRNewswire/ -- Cognos Incorporated (Nasdaq: COGNF; Toronto: CSN) today announced that it has been named as a defendant in a securities class action lawsuit filed in the United States District Court for the Eastern District of New York purportedly on behalf of purchasers of the Company's common stock during the period June 3, 1997 to September 25, 1997. The complaint also names as defendants certain of the Company's directors and officers. The complaint alleges, among other things, that the defendants made misstatements to the investing public about the Company's products and prospects. The Company believes all the allegations in the complaint are without merit and intends to vigorously contest them. Cognos Cognos is the world's leading supplier of business intelligence software, allowing users to extract critical information from corporate data assets through analysis, reporting and forecasting. With more than 700,000 users, Cognos products consistently deliver the highest productivity gains to the user, the most manageable solution to the administrator, and the fastest return on investment (ROI) to the enterprise. Cognos also develops, markets and supports software tools for enterprise application development. Founded in 1969, Cognos is a publicly held company with offices around the world. Cognos is headquartered in Ottawa, Ontario. NOTE: COGNOS, IMPROMPTU and POWERPLAY are registered trademarks of Cognos Inc. Scenario and DataMerchant are trademarks of Cognos Inc. Other products mentioned in this document are registered, trademarked, or service marked by their respective owners. SOURCE Cognos Incorporated /CONTACT: Donnie Moore of Cognos, 613-738-1440, ext. 3355/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 107867/ /Web site: cognos.com (COGNF CSN.) Glenn