Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.59

+4.1%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (7712)	7/30/1997 8:53:00 AM
From: Chi-X	of 61433

"Stock to Watch" from CNBC update by Maria Bartoromo is ASND. Maria Bartoromo did an update on ASND this morning and a recap on why the stock was up so much yesterday. She said likely further upward momentum seen in ASND. West Coast executives very positive things about going forward. Increase margins, sequential revenue growth, no slowing in sight, comfortable with 2nd half, & more. Said rash of upgrades and positive comments followed for ASND after meeting. All analysts saying ASND very upbeat. Morgan Stanley raising $75 share. Leehman Brothers also positive. One caveat is COMS. COMS down a few points in pre-market and had cautious comments going forward. May be a party spoiler. I would hope that money goes out of COMS and into ASND. Cheers, Chi-X has Spoken! CEO Chi International members.aol.com

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