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


To: Dennis R. Duke who wrote (46179)5/7/1998 3:11:00 AM
From: djane  Respond to of 61433
 
briefing.com explanation for ASND and NN

.. Ascend (ASND) jumped 1 1/2 on news company entered into a strategic alliance with eFusion, a provider of Internet telephony...
Newbridge (NN) was the group's only big loser, as it shed 1 3/16 on light profit-taking..

Personally, I think ASND's rise was due to the CSCO CC, which was fairly bullish for ASND especially in comparison with other networkers who are having their boxes cleaned and replaced by CSCO. djane