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Technology Stocks : Ascend Communications (ASND)
ASND 200.28-1.0%Dec 3 3:59 PM EST

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To: Mark Duper who wrote (55526)10/8/1998 9:33:00 AM
From: Narotham Reddy   of 61433
 
Abbey Cohen finally lowers..

[Briefing.com]

Abbey Joseph-Cohen: leading bull Goldman Sachs strategist is lowering S&P
500 earnings estimates as corporate growth is slowing; cuts 1998 EPS
estimate from $50.50 to $49 a share and 1999 EPS estimate from $55 to
$52.50 a share; Ms. Cohen remains bullish on market outlook, but latest
earnings reduction will likely weigh negatively on the market
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