Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 218.50

+6.9%

10:05 AM EST

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To: Joseph Colombo who wrote (43377)	4/9/1998 5:07:00 PM
From: djane	of 61433

The tone of ASND press release is much more positive than the prior 2 releases. 10.1% sequential earnings growth (40+% annually) in a turnaround quarter with expected strong next 2-3 quarters supports a nice rise in the PE multiple. djane

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