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Technology Stocks : Ascend Communications (ASND)

ASND 210.62

+0.3%

2:00 PM EST

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To: Xpiderman who wrote (1330)	11/29/1996 7:29:00 PM
From: Tim Chan	of 61433

re: USRX: buy, with a one-year price target of $100 a share. This big rise in USRX following the Dell announcement seems a bit strange. Given that Dell is already currently offering USRX's 33.6kbps modems with their systems, I don't see why this announcement should have such a big impact. On another front, given that the share is now over $78, a one year price target of $100 would make USRX only so-so in terms of potential returns (around 25%). Just my opinion. I am neither long nor short on USRX. Tim.

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