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

To: John Meares who wrote (36813)	2/28/1998 8:26:00 PM
From: Narotham Reddy	Read Replies (1) \| Respond to of 61433

> On what do you base your ASND reaching 50 John: I think it is inappropriate for anyone to put any price tag on ASND. But I am confident that some positive momentum is pushing it higher. With new product(s) to be announced soon and the earnings release in the second week of April will carry this stock higher, provided the general market conditions remain favourable. I have no reason to believe that this stock will tank at this juncture. Narotham P.S: I also respect the IBD's ranking on this stock (A).