Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jeffrey L. Henken who wrote (14414)	9/25/1997 1:54:00 PM
From: X208	of 61433

NEW YORK, Sept 25 (Reuter) - SBC Warburg Dillon Read raised its rating for Ascend Communications Inc to a buy from an outperform, the Wall Street firm said on Thursday. -- The change is based partly on valuation and on Thursday's reported deal to sell equipment to UUNET Technologies. -- The stock likely is close to bottom and investors with some caution should begin to build back their position, Warburg Dillon said in a research note. -- The 1997 EPS estimate is $1.24 per share, while for 1998 it is $1.79. -- Ascend was up 14/16 to 37-7/16 in early afternoon trading. REUTER Rtr 13:20 09-25-97

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next