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

To: Jan Crawley who wrote (34687)2/13/1998 12:18:00 AM
From: Daniel W. Koehler  Respond to of 61433
 
Jan

Perhaps The Capital Group is accumulating the shares for a client who wishes to remain anonymous.

Naw! That can't be legal without disclosure of some sort.

Probably just saw the stock as a slam dunk double like we did.

I know one thing...it's gonna be fun tomorrow . I'm starting to talk my self into the theory that there is a marathon takeover crew slavishly working away this weekend to ink a deal that can be included in the shareholder's meeting agenda.. pure speculation on my part BUT the new M & A guy Mory hired was no slouch, I'm told.

Ciao,

Daniel



To: Jan Crawley who wrote (34687)2/13/1998 12:19:00 AM
From: Gary Korn  Read Replies (2) | Respond to of 61433
 
Is it possible that CIG have accumulated more than what they have disclosed -- there was a 10-day window period.

Jan, the amount stated in the 13G must be accurate as of the date it was filed. Capital Group Cos. ("CGC") owned 6.8% when it filed the 13G.

Gary Korn


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