Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: Mighty Mizzou who wrote (54588)	9/22/1998 8:01:00 PM
From: sbeckbal	Read Replies (3) of 61433

I just checked on ASND at the Morgan Stanley research site, and was surprised to find the following note, dated August 3, 1998: We are not currently able to comment on this security because our policy and/or applicable regulation precludes Morgan Stanley Dean Witter from issuing such information with respect to this company at this time. All of our prior ratings, estimates and opinions are deemed no longer in effect. Absence of our comment under these circumstances should not be interpreted as positive or negative towards the company. It's hard to know how to interpret this, as MS previously provided regular research on the stock, having originally (I think) taken the company public. MS still covers LU, and published a favorable report on September 18 with a price target of $120. Any thoughts?

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