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Technology Stocks : Ascend Communications (ASND)

ASND 218.14

+0.7%

2:01 PM EST

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To: djane who wrote (46549)	5/11/1998 6:58:00 AM
From: Narotham Reddy	Read Replies (2) of 61433

IBD raises ASND's Relative Strength The Relative Strength of ASND has gone up to 77 while the Acc/Dist remains in the highest possible rank of A. Here is their comment: Monday, May 11, 1998 "Analysts see second quarter net of 28 cents a share, down 10% a year ago and the fourth straight decline in profit growth. But earnings growth is expected to turn around in the third quarter with a 50% gain to 30 cents." With today's SBC/Ameritech deal, the entire telecom sector likely to remain active. Narotham

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