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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST

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To: djane who wrote (51975)8/12/1998 10:20:00 PM
From: gbh   of 61433
 
Analyst says Ascend on track
CS First Boston said network equipment maker Ascend Communications
Inc. (ASND) gave an upbeat presentation at a networking conference in
Santa Clara, Calif. and the company is on track to hit revenue and
earnings estimates for the third quarter. Analyst James Parmelee said
Ascend's core switching and remote access businesses were strong in
July. Shares edged up 1/2 to 48.

cbs.marketwatch.com
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