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Technology Stocks : Ascend Communications (ASND)
ASND 207.04+0.7%3:59 PM EST

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To: joe who wrote (57145)11/13/1998 1:11:00 AM
From: Dennis R. Duke  Read Replies (1) of 61433
 
The Merrill Lynch report that I can find in their system was a general overview of the group. The report is dated 11/10/98, a four pager with the industry charts on September Q's performances. Bellace made comments about ASND having had the best EPS growth in the September ended quarter, and that ASND has the best potential for EPS growth in the December quarter.

It is in an acrobat file so lifting the text to share is difficult, or it could be I don't know how to do it. From what I see Bellace did not do a specific report on ASND, nor did he raise the ML's opinion on the company. But Bellace was high on this one before and it has been a year since he was burnt by the September '97 EPS shortfall. So I'd like to see ML make this stock a 1-1, and get it up on their recommended list.

Later, (-8 Dennis 8-)
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