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


To: Joseph Colombo who wrote (44508)4/15/1998 7:03:00 PM
From: Mark Duper  Read Replies (4) | Respond to of 61433
 
I hope this "Cendant" news doesn't screw us again!!!!!



To: Joseph Colombo who wrote (44508)4/15/1998 7:07:00 PM
From: Friend  Read Replies (1) | Respond to of 61433
 
To all: Did ML upgrade ASND today? Ascend Communications Inc. (ASND) added 3.4 percent following an upgrade from Merrill Lynch. The investment firm raised its opinion to "accumulate" from "neutral." Analyst Joe Bellace citing growth in Ascend's core business, and predicted 50 percent earnings-per-share growth in the third quarter. Bellace also raised his 1999 estimate to the range of $1.40 to $1.60 from a range of $1.35 to $1.45. Shares rose 4/8, closing at 40 1/2.

cbs.marketwatch.com