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Technology Stocks : Ascend Communications (ASND)
ASND 211.39-2.7%2:40 PM EST

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To: djane who wrote (46024)5/5/1998 12:53:00 AM
From: djane  Read Replies (1) of 61433
 
NN added 1 15/16 on speculation company will announce an agreement with AT&T at networking conference in Las Vegas as early as today...
[Does anyone have info on this rumor? djane]

Full blurb from briefing.com
Brief: Cisco (CSCO) jumped more than one point ahead of its earnings report due
today... Street looking for gain of $0.44... Recently, company has tended to report in line
with to one or two cents above estimate... Consequently, number would have to be above
$0.46 to give stock much of an upward push... Comments regarding future outlook will
carry more weight than headline number... Focus will be on pricing climate given increased
competition from within and outside industry... FORE Systems edged lower despite being
upgraded to buy from market perform by DLJ... Stock has had a good run in recent
weeks... 3Com (COMS) received a little boost from being named one of DLJ's favorites
in this week's Barron's... Company also announced that its Palm Computing unit and
Remedy (RMDY) entered into an agreement to integrate RMDY's help desk and business
process automation software with Palm Computing's handheld device platform...
Newbridge Networks (NN) added 1 15/16 on speculation company will announce an
agreement with AT&T at networking conference in Las Vegas as early as today... DMG
started coverage of Xylan (XYLN) with an accumulate rating... Stock inched higher.
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