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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST

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To: Marcel who wrote (26090)12/5/1997 8:41:00 AM
From: WBendus  Read Replies (2) of 61433
 
Marcel,
No comment is right from the play book. It means nothing at this point other than the company does not comment on these types of speculation. There has been an awful lot of hype around the company at this point. I think that if wall street were acting negatively towards the rumor, the management would say that the rumors are unfounded. With the stock heading higher, why stop it by saying that the rumors are unfounded? I think everybody is playing too much on the rumors and missing the fundamental driver for the company, CURRENT EARNINGS are ON TRACK.

Wayde
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