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Technology Stocks : ASND - longterm investors with short term worries
ASND 195.90-2.8%10:50 AM EST

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To: ArnieC who wrote (4)10/28/1997 6:17:00 PM
From: minhaj hasan  Read Replies (3) of 67
 
One of the reasons stated by ASND for not meeting numbers during third quarter was extended timeframe for ASND/CASCADE merger. Another reason was week sales in europe and asia. I belief asian market is not
more than 5 to 10 percent of there whole market. I think there exposure is lower to asia than cisco. They might had problems with ASND sales people not ready to sell cascade products and vise versa.
Revenues rose to 260 million, but margins were lowered.
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