Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 3:59 PM EST

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To: Jeff Jordan who wrote (16288)	10/3/1997 5:51:00 PM
From: Gary Korn	of 61433

Bay Networks rose 1 5/8 to 39 3/4 on CS First Boston's initial "buy" rating. Tellabs rose 2 5/8 to 53 1/4 after CS First Boston upped the computer networking company to "strong buy" from "buy." Tellabs said it expects to match third-quarter Street estimates of 33 cents per share. Newbridge Networks rose 1 to 62 on news that received a contract to build a scalable Internet services network for leading French Internet service provider Oleane, which is 20 percent owned by Worldcom." I'm wondering if this news item, in which it was announced that NN got a contract from a French ISP that is 20% owned by Worldcom, was what helped push ASND down today??? Gary Korn

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