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


To: Dennis R. Duke who wrote (1384)4/16/1998 1:42:00 PM
From: Sector Investor  Read Replies (1) | Respond to of 1629
 
BARS Summary of the 5:00 AM Sales Meeting - April 16, 1998

Focus Stocks

Ascend Communications ab (ASND $40-1/2, Buy)
Continues to be our favorite stock---believe it to be one of the best
technology companies as well as best in space. Believe financial performance upside likely in June and September quarters. Two announcements by customers hold promise for upside for Ascend --- believe likely that Qwest, which is purchasing LCI Communications, will begin buying Ascend product and that PSI Net, which is committed to Ascend, will likely increase orders following infusion of cash from debt offering.