Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 204.41

-1.0%

Nov 14 9:30 AM EST

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To: djane who wrote (43565)	4/10/1998 1:37:00 AM
From: NYKnick	Read Replies (2) of 61433

I am a holder of ASND from the low twenties, and I have to say that the CC did not impress me that much. Here is an excerpt from TSC that I find somewhat interesting. Anybody know the credibility and consistency of this analyst??? <It's hard to find skeptics on this stock, but analyst Amar Senan at Volpe Brown Whelan is one. "The call was cautious," Senan says. He believes Ascend execs are choosing their words carefully to avoid disappointing when its European customers take their summertime rest in the September quarter. Senan has rated Ascend a neutral for some time, although in the last month he recommended that clients trade the stock for short-term profits. He doesn't expect to change his rating, and will make only minimal changes to his estimates of $1.13 per share for 1998. The First Call consensus is $1.17 a share.> NYK

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