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Technology Stocks : Ascend Communications (ASND)
ASND 202.23-4.2%3:59 PM EST

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To: Mark Duper who wrote (53616)9/2/1998 5:15:00 PM
From: hitesh puri  Read Replies (2) of 61433
 
Thread, Yahoo is showing that Montgomery Securities upgraded ASND. This is heavy as Al Tobia, The Monty networking analyst, has been on the money with ASND since a long time. Last rating change was around June when ASND was around 50 and he said to rotate money out of ASND into CSCO. CSCO shot up from 80 to 96 in two weeks then and ASND wallowed.
Maybe he like all other analysts whose reports I read in the last weeks agrees that ASND is the only premier WAN player especially with the SRA stuff on board now.

-hitesh
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