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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST
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To: Billy Dunn who wrote ()12/17/1996 1:22:00 AM
From: david jung   of 61433
 
Furman Selz initiates ASND at hold:
from the WSJ -

Dow Jones News Services

Company Rating
Ascend Communication Initiated with a hold rating; firm
(ASND) cited current high valuation and
dependence on networking equipment
for remote-access edges of the
Internet; firm estimates company
will earn 31c a share in the 4Q.
- -
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