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Technology Stocks : Ascend Communications (ASND)

ASND 202.96

-2.8%

Jan 9 9:30 AM EST

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To: Glenn D. Rudolph who wrote (44529)	4/16/1998 12:28:00 AM
From: jach	Read Replies (3) of 61433

<< Merrill Lynch semiconductor analyst Thomas Kurlak told clients on Wednesday shares of Intel Corp. could fall to $60, according to business cable television station CNBC. Kurlak, a prominent Wall Street analyst, was not immediately available to comment on the report. The stock ended down 1-1/8 to 74-7/8 after hitting an intraday high of 79-1/8. Earlier on Wednesday, Kurlak downgraded Intel to a long-term accumulate from buy>> long-term accumulation and stock could fall to 60?? a very prominent ~smart suggestion!

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