Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 221.33

-1.3%

Feb 11 3:59 PM EST

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To: pass pass who wrote (6295)	7/9/1997 7:40:00 AM
From: Mike Denman	of 61433

HAMBRECHT & QUIST LLC issued Company Report HAMBRECHT & QUIST LLC issued Company Report On January 17, 1997 Hambrecht & Quist analyst Joe Noel issued a 6 page Company Report on ASCEND COMM INC. Report highlights: " The fiscal 1997 EPS forecasts were raised from $1.65 to $1.67, to reflect exceptionally strong fundamentals. As a result, the BUY rating was reaffirmed primarily because the shares appear to be trading at a discount. It appears that the company has landed U.S. West as a major purchaser of TNT in order to support its ADSL, Internet and Corporate Access strategies. " This showed up on Pointcast this morning.

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