Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: djane who wrote (47243)	5/20/1998 12:53:00 PM
From: djane	Read Replies (1) of 61433

briefing.com on ASND rise yesterday [The continuing saga/mystery of why is briefing.com always wrong? Could the rise be due to earnings acceleration in the next 9-12 months, new product cycle, new contracts as telecom carriers build data networks, etc., etc., etc. Maybe this is why briefing.com is free.] Computer Networking Brief: Ascend Communications shot ahead more than 2 points on renewed rumors that it will be acquired by Lucent later this year... Cisco marched to a new 52-wk high in active trading... Earnings dependability, solid management team and strong product pipeline behind stock's performance... Vanstar surged 1 1/8 to 14 11/16... Briefing still looking for stock to test the 17 1/4 level over the near-term... Xircom's stock rebounded 15/16 on news of a management change...

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