Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 200.33

-3.2%

11:49 AM EST

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To: RobZ who wrote (42127)	4/3/1998 4:55:00 PM
From: Dennis R. Duke	of 61433

Good questions. I don't know how widely this type of release is. Clearly to clients who are interested at UBS, us and hopefully soon from a release by GTE. I am not sure if it was GTE or ASND that did the release about GTE's testing, but that was a press release item. Meaning general market information. The clients usually want to be the ones talking about their purchases and often require that the vendor not be able to make press releases is what I get told by IR when I ask this question. The recommendation as a "hold" might be changing. This report was a clip from a CSCO report which has CSCO at a "Buy" rating, and was met to be an update on that security and not ASND. I would guess that with earnings so close, and sell side analyst getting burned on recommendation so near earnings, that they will wait to change until after Thursday's earnings release. My guess is a good conference call will go far.... Peace, love and taxes...I think I'll go work on mine, Dennis

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