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Technology Stocks : Ascend Communications (ASND)
ASND 209.02-0.7%Nov 24 3:59 PM EST
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To: Jeff Jordan who wrote (43889)4/13/1998 9:13:00 AM
From: Matt Meagh  Read Replies (1) of 61433
 
Check the CBS site again, it now reads "ahead of the first-quarter
consensus estimate" not "short".

After the market closed, Ascend Communications (ASND) posted a
first-quarter profit of 26 cents a diluted share, a penny ahead
of the consensus estimate. Ascend also said it sees strong demand
for capacity in the network backbone system and growth in the
consumer segment. Ahead of the news, shares closed down 1 1/4
to 39 1/2.

cbs.marketwatch.com

Matt
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