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Technology Stocks : Ascend (ASND) descending?
ASND 210.02+2.1%12:17 PM EST

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To: Andy Riedel who wrote (48)5/14/1996 1:29:00 AM
From: olduser   of 313
 
Andy,
Hambrecht and Quist follows the stock and rates it positively right now. Unfortunately, I can't seem to see my copy of their latest writeup on the company, but it was positive enought that I ended up buying some of the stock. H&Q does see some potential threat from the CSCO/Stratacom deal and the continuing consolidation within the industry. They are predicting that over a 2 year timeframe you may see some share erosion and are looking for strategic moves to protect their position

Keith
(H&Q SF number is 415/576-3300 - call and ask them for the report)
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