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Technology Stocks : Ascend Communications (ASND)

ASND 209.02

-0.7%

Nov 24 3:59 PM EST

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To: Chuzzlewit who wrote (58442)	1/5/1999 4:27:00 PM
From: Bindusagar Reddy	Read Replies (2) of 61433

TLAB and ASND will present at MS tech. conf this week. TLAB CFO returns after medical leave. These are some reasons for the move. Today ADCT, WCOM presented bullish views for 1999. Mr. Sidgmore from UUNET(WCOM) presented bullish forcast and high demands for bandwidth. That is great for ASND, as they will be the beneficiaries of any increase in demands at WCOM. AS YOU KNOW WCOM was up 5 bucks today on this news. BR

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