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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Harold S. who wrote (24702)11/26/1997 8:23:00 AM
From: Jeffery E. Forrest  Respond to of 61433
 


Significantly, the Street has not tempered its positive ratings
on 3Com.

Since August the First Call consensus rating on 3Com has remained
1.8 or 1.7 -- mildly bullish compared with the 2.2 average for all
stocks. (The rating system spans from 1, strong buy, to 5, sell.)
Now it sits at 1.8. "They still like the stock, obviously," says
First Call research director Chuck Hill.

First Call's rating on Ascend stands at 2.4, bearish compared
with the 2.2 average. Many pros are disgruntled with Ascend
management, which made stridently bullish predictions last summer.