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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST

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To: Moonray who wrote (49167)6/22/1998 4:00:00 PM
From: TideGlider   of 61433
 
Guess we are in again...*s*

>>>

''Ascend is hitting on all cylinders,'' said analyst Joseph
Noel of Hambrecht & Quist Group, who rates the stock ''buy.''

Ascend's strong performance makes it a possible acquisition
target for Lucent and others, analysts said.

''They have the technology and customer relationships the
telcos need,'' said Johnson of the PITA Group<<<<

Someone just wants to buy lots of stock. That is why they took the opportunity to downgrade when ASND was said to be too large for ERICY...

TG
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