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

To: Michael Harb who wrote (48327)	6/8/1998 8:13:00 PM
From: thebeach	Read Replies (2) \| Respond to of 61433

As all of you know I have been one of the biggest cheerleaders for some time but I do not see the stock popping like all are saying,please don't get me wrong,I am up to my ying yang but also very leary,good luck to all but could someone explain why we will pop up?.

To: Michael Harb who wrote (48327)	6/8/1998 8:27:00 PM
From: gbh	Read Replies (1) \| Respond to of 61433

I believe I heard something to the effect on CNBC that S&P Index funds couldn't or didn't have to begin adding ASND until July 1. The goal of these funds is to exactly mimic the performance of the S&P 500. On Thursday, the make-up of the index changes. There would be no "rule" that says any fund has until 7/1 "to begin adding", other than what might be written in the fund prospectus/charter. These funds will all try to "mimic" as quickly as possible, I would think. Gary