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

To: Sriram S. Konkipudi who wrote (43955)	4/13/1998 10:19:00 AM
From: Bald Eagle	Read Replies (1) \| Respond to of 61433

<<Ascend RAISED TO BUY>> Watch out, it might be time to take your profits.

To: Sriram S. Konkipudi who wrote (43955)	4/13/1998 10:21:00 AM
From: Dew	Respond to of 61433

Takeover speculation. What takeover speculation is UBS analyst referring to.

To: Sriram S. Konkipudi who wrote (43955)	4/13/1998 10:25:00 AM
From: Dennis R. Duke	Read Replies (2) \| Respond to of 61433

I was watching the trades go by for about 10 minutes between 9:50 and 10:00 EDST, and did not see any big trades. Largest I saw was 8,000 share sell. Anybody got a handle on big block volume or transactions. ASND has been making presentations to funds, and I was told they maybe waiting for earnings to come out. We had earnings, my guess is the buying will start soon. UBS upgrade. I am checking ML's research database, so far Joe Bellace has not reported on ASND specifically. I am guessing he will later today or early tomorrow. ML currently has it two steps below its highest rating at a "3 - Neutral" as opposed the a "1 - Buy". It seems to me the banks and financials are sucking capital in this market. We will get our turn soon, in my humble opinion. Dennis