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

To: Narotham Reddy who wrote (51307)	8/3/1998 8:22:00 AM
From: Tom Gebing	Respond to of 61433

DB 08:22 [ASND,SRA] ASCEND SEES PURCHASE OF STRATUS ADDING TO NET IN 1999. DB 08:22 [ASND,SRA] ASCEND EYES A SELLOFF OF STRATUS' NON-TELECOM OPERATIONS BY YR-END. DJ 08:21 [ASND,SRA] ASCEND - STRATUS -2: SIGN DEFINITIVE MERGER PACT DJ 08:21 [ASND,SRA] *ASCEND SAYS MAY CUT UP TO 150 MORE JOBS AFTER STRATUS BUY DB 08:19 [ASND,SRA] STRATUS STOCK PRICE VALUED AT $33.65 PER SHARE VS. 28 7/8 CLOSE FRIDAY. DB 08:19 [ASND,SRA] ASCEND DEAL VALUES STRATUS STOCK AT $33.65 PER SHARE. DB 08:19 [ASND,SRA] EACH STRATUS SHARE WILL BE EXCHANGED FOR 0.75 ASCEND SHARES.