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Technology Stocks : Ascend Communications (ASND)
ASND 202.47-4.5%Dec 17 3:59 PM EST

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To: Sector Investor who wrote (50074)7/15/1998 3:38:00 PM
From: djane  Read Replies (1) of 61433
 
BARS reit "buy" and EPS raises estimates to $1.21/1.61

Ascend Communications (ASND) 51 3/16 +1 5/8: --UPDATE-- BA Robertson Stephens reiterates "buy" on provider of wide area networking solutions following yesterday's Q2 results; sees continued acceleration in demand for core switching products and more stable business environment in terms on pricing and unit demand; raises 1998 EPS estimate from $1.18 to $1.21 and 1999 EPS from $1.46 to $1.61 a share.....
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