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Technology Stocks : Ascend Communications (ASND)
ASND 212.55+1.2%Nov 28 12:59 PM EST

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To: fred woodall who wrote (21167)11/4/1997 8:22:00 PM
From: Maverick   of 61433
 
After the close Cisco reported earnings, before charges, of $0.59, one cent above estimates...
Company also announced a 3-for-2 stock split... Should result in relief rally as investors feared the worst
after Newbridge Network's earnings warning... Ascend CFO noted that company expects to meet FY98
earnings estimates... But stock fell in concert with rest of the group..From briefing.com
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