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


To: djane who wrote (51426)8/3/1998 2:23:00 PM
From: djane  Respond to of 61433
 
thestreet.com on 2 upgrades (no new info)

thestreet.com

Stratus Computer (SRA:NYSE) shares were up 2 13/16, or
9.9%, to 31 11/16 after Ascend Communications
(ASND:Nasdaq) confirmed it will acquire Stratus for $822
million. Ascend, which fell 13.6% Friday in anticipation of the
news, was off another 3/8 to 44 1/8 despite receiving an
upgrade from BT Alex. Brown to buy from market perform
and a reiterated buy recommendation from J.P. Morgan.