Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 200.78

-0.7%

1:37 PM EST

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To: Glenn D. Rudolph who wrote (40673)	3/24/1998 7:20:00 AM
From: FUZFO	Read Replies (1) of 61433

From Briefing.com 3/24 Computer Networking Brief: As reported in the General Commentary above, CS reported weaker than expected earnings due to sluggish sales of older products and pricing pressures... Stock was down 1/16 in Monday's trading... Expect modest sell-off in response to the report... Support in the 13 1/2 range... 3Com rallied over one point ahead of its earnings report due out after today's close... Unlike Bay and CS, street betting that COMs problems are behind it... Street looking for a gain of $0.14... Networking industry is subject of this week's StreetBeat... One stock favorably mentioned in this week's report, Ascend, rose 1 1/8 despite being downgraded to underperform from market perform by Adams Harkness.

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