Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 201.40

+2.3%

3:59 PM EST

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To: Steven Angelil who wrote (7714)	7/30/1997 8:56:00 AM
From: WBendus	of 61433

Steve, I would say that that play makes sense. ASND is all ready indicating over 38,000 shares on the open, a down opening by about 1/8. CNBC is reporting that "Morgan Stanely analysts are raising targets to $75 and there are buy and strong buy recomendations by other firms. The analyst are veiwing yesterdays comments as very positive for the company going forward as the company expects operating margins to improve from the low 20's to the high 20's, things are going fine in Europe, and that they see no slowing of the business in sight." It should be another good day for ASND. Wayde.

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