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


To: Gary Korn who wrote (38120)3/6/1998 5:26:00 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 61433
 
Today's Top Stories

Everen Securities upgraded Ascend Communications (ASND) to a near term outperform from market perform.
Analyst Christin Armacost said Ascend's ability to achieve fourth quarter results were in line with her
expectations. This, coupled with her increasing confidence in Ascend's ability to show sequential earnings
improvements, leads her to believe momentum can continue.
[ 4:30 p.m. EST, 3/6/98 ]

Bear Stearns downgraded Sun Microsystems (SUNW) to attractive from buy. Analyst Andy Neff said the
downgrade was based on concern that increasing weakness in the Asia/Pacific region and Japan, which
represented around 22% of its revenues, puts his earnings expectations at risk.
[ 12:30 p.m. EST, 3/6/98 ]



To: Gary Korn who wrote (38120)3/6/1998 5:48:00 PM
From: FUZFO  Read Replies (1) | Respond to of 61433
 
Gary, it looks like CPQ warned at about 4:30 , and ASND was still trading at 35:1 at at 5:07:45PM. That's a relief, maybe some people will sell CPQ and buy ASND for an earnings play.
Fuzfo