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


To: JGoren who wrote (43976)4/13/1998 11:51:00 AM
From: Sowbug  Read Replies (2) | Respond to of 61433
 
UBS analyst Nikos Theodosopoulos raised his rating for Ascend Communications Inc.<ASND.O> Monday to buy from hold.

[...]

"Our year-end target is $45, although we believe stock could exceed our target if takeover speculation increases."


If somebody guaranteed me that a $39-$41 stock would be at $45 by the end of December 1998, I'd rate it a sell and put my money elsewhere.