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


To: Jack Colton who wrote (44017)4/13/1998 1:25:00 PM
From: FUZFO  Respond to of 61433
 
from CBS marketwatch:
Ascend Communications Inc. (ASND) fell 3.1 percent despite
better-than-expected earnings and positive analyst comments. The
company posted first-quarter net income of 26 cents a share, a penny
ahead of estimates, on revenue of $305.1 million.ÿ UBS Securities
upgraded the shares to "buy" from "hold," and Goldman Sachs analyst
Ajay Diwan said the company has a stronger fundamental outlook.
Nevertheless, shares fell 1 1/4 to 38 5/8.



To: Jack Colton who wrote (44017)4/13/1998 1:29:00 PM
From: FUZFO  Respond to of 61433
 
did anyone notice the Cowen Upgrade?? From Briefing.com:
April 13 - Last Updated: 13:18 ET
Upgrades Company Symbol Brokerage Firm Upgrade from: Upgrade to:
Wells Fargo Corp WFC Brown Bros Neutral Trading Buy
Ascend Comms ASND Cowen & Co Trading Buy Buy



To: Jack Colton who wrote (44017)4/13/1998 2:11:00 PM
From: username  Respond to of 61433
 
this market is pretty wild. What used to take 2 weeks now takes 2 hours. We're even on the day.