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

To: sepku who wrote (34459)	2/11/1998 5:18:00 PM
From: blankmind	Read Replies (1) \| Respond to of 61433

if they did, it was minor. Top Institutions Ch Shrs Shrs Hld Date Rptd % Hld OAK ASSOCIATES LTD 3,847 6,088,601 09/30/97 3.20 EQUITABLE COMPANIES INC -2,292 5,668,702 09/30/97 3.00 COLLEGE RETIRE EQUITIES 1,488 5,212,940 09/30/97 2.70 WARBURG PINCUS ASSET MGT 4,573 4,911,397 12/31/97 2.60 PIONEERING MGMT CORP 864 4,559,000 09/30/97 2.40 Top Funds Ch Shrs Shrs Hld Date Rptd % Hld T ROWE PRICE SCIENCE TEC 0 3,200,000 06/30/97 1.70 PIONEER II 604 2,700,000 09/30/97 1.40 FIDELITY MAGELLAN FUND 792 1,956,300 09/30/97 1.00 NEW PERSPECTIVE FUND 1,850 1,850,000 09/30/97 1.00 USAA GROWTH FUND 0 1,430,000 07/31/97 0.80

To: sepku who wrote (34459)	2/11/1998 6:11:00 PM
From: Gary Korn	Read Replies (2) \| Respond to of 61433

What I'm curious to know is whether they previously held any position in ASND, or this 6.8% stake is a completely new one? Style, The stake is not completely new, but it is orders of magnitude in excess of the prior position. The following information is taken from my earlier post which listed institutional ownership of ASND as of 9/30/97: Capital Guardian (a subsidiary, same as listed in the new 13G) held 410,000 shares (down 2,526,900 from prior quarter) Capital Int'l SA (a subsidiary, same as listed in the new 13G) held 148,700 shares (down 229,100 from prior quarter) Capital Int'l Ltd. (a subsidiary, same as listed in the new 13G) held 122,000 shares (down 128,900 from prior quarter) In sum, as of 9/30/97, Capital Group held 680,700 shares, down from 3,465,600 shares as of 6/30/97 (i.e., the decrease from 2Q to 3Q was 80%). Also in sum, they just increased their position by 1,779 percent. Gary Korn