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


To: gbh who wrote (50066)7/15/1998 12:16:00 PM
From: Darren  Respond to of 61433
 
**** OT *****

Smart. Very smart.

ALTR/XLNX just took off together, then a small pullback. Leads me to believe somebody thinks they know something. I think ALTR reports this afternoon. Man, is Tim gonna be mad after I get another 10% this week in the stock contest...



To: gbh who wrote (50066)7/15/1998 12:25:00 PM
From: djane  Respond to of 61433
 
MS upgrade

Ascend Communications (ASND) 53 +3 7/16: --UPDATE- Morgan Stanley Dean Witter raises estimates and price target on provider of wide area networking solutions after it posts slightly better-than-expected Q2 results; raises FY98 EPS estimate from $1.18 to $1.20 a share and FY99 EPS from $1.50 to $1.60 a share; also ups its price target on the stock from $55 to $60 a share.....

Looks like MS did a lot of hard work on this report...



To: gbh who wrote (50066)7/15/1998 12:27:00 PM
From: djane  Read Replies (3) | Respond to of 61433
 
To the thread, thanks for the nice words about the CC summary. For long-term holders, it looks like we have to clear out the weak hands again in order to move higher.



To: gbh who wrote (50066)7/15/1998 1:13:00 PM
From: djane  Read Replies (2) | Respond to of 61433
 
Pisani (CNBC) just said he would speak at 2:00 p.m. EST on "good reasons to buy Ascend" due to the buildout of the Internet.