SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)
ASND 209.76-1.2%2:55 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: username who wrote (44349)4/15/1998 12:05:00 PM
From: Dennis R. Duke  Read Replies (1) of 61433
 
I am in the final stages of my taxes. So I am not reading and not paying attention, but...apparently there is news this morning of an LCI order and Joe Bellace at Merrill Lynch just was on the box at all Merrill Lynch offices around the U.S. upgrading ASND from a 3-2-9 to 2-2-9.

That means the near term rating had moved from Neutral to Accumulate. The long term rating remains at Accumulate. Bellace says one more tuff quarter (the one were in now) and then it is smooth sailing with strong growth. Heard the Squawk box over the phone from my broker.

I will get the written report later. Now back to Uncle Sam.

Dennis
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext