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Technology Stocks : Ascend Communications (ASND)
ASND 212.50+1.5%12:59 PM EST

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To: Scott who wrote (9224)8/19/1997 1:17:00 PM
From: Sector Investor   of 61433
 
Excerpts from H&Q:

* Over the past few days we have had several conversations with both senior
management and middle management at Ascend.

* It appears there is strong European demand developing for Ascend's products.
However, we believe that Ascend is somewhat concerned about the timing of this
demand.

* It appears that NTT has now formally signed a contract for ASND to deploy
datacom (Cascade) switch equipment in support of its new Internet service. We
believe this is likely the largest order ever received by ASND or Cascade for
frame relay or ATM equipment.
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