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Technology Stocks : Ascend Communications (ASND)
ASND 210.09-1.5%2:26 PM EST
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To: Gary Wisdom who wrote (44305)4/14/1998 5:11:00 PM
From: Satyr  Read Replies (1) of 61433
 
I wouldn't look for to big a boost from Intels earnings. Perhaps a gap early but then back to a trading range. ASND had their earnings factored into the price before they were released. I see no reason why a good report by Intel (remember earning estimates had already been severely cut) should benefit ASND especially since Intel is calling for a weaker 2nd quarter.
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