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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 3:59 PM EST

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To: pat mudge who wrote (47725)5/29/1998 12:56:00 AM
From: Darren  Read Replies (2) of 61433
 
I trust Dillon Reed much more than I do Morgan Stanley (although I don't turst either of them too much) -- don't know much about UBS, but we can assume that the analysts have it rated at $45-55 for the next 12 months. That means that the stock isn't going to get there in the first three months of their analysis without a lot of luck...IMO, they are just looking for buyers so they can sell it and wait until the cards play out...
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