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

To: scott maragioglio who wrote (36038)	2/23/1998 1:12:00 PM
From: DHB	Respond to of 61433

Dated on the 20th , but either I missed it or the date is a fluke. Morgan Stanley, Dean Witter issued Company Report Posted: February 20, 1998 On January 28, 1998 Morgan Stanley, Dean Witter analyst Alkesh Shah issued a 4 page Company Report on Ascend Communications, Inc. Report highlights: "An OUTPERFORM rating was maintained with a 12 month target price of $45. The company reported year end EPS of $1.06 versus $1.00 in the same period last year. Earnings were driven by ATM switching revenue growth. The 1998 and 1999 EPS estimates were maintained at $1.15 and $1.45, respectively." For more information from Zacks, please visit Zacks StockWatch page