Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Narotham Reddy who wrote (10061)	8/28/1997 9:22:00 PM
From: Kumar Nathan	of 61433

Narotham: Is there anybody has the list of ratings on ASND and the dates. Traditionally, September has been a good month for ASND. Please look at the chart for a nice growth on ASND stock. Same is the case with DOW too. Dow hits its traditional double bottom and it is poised for an ascend. I believe that the worst is over. Merill downgrade is purely made without much substance attached to it. They downgraded it only for a short term but didnt disturb its long term ratings. Just two weeks ago that guy RogerMcNamee appeared on CNN Moneyline saying that "Current Price of ASND doesnt reflect its SPECTACULAR growth". Today he didnt bad mouth anything about ASND. It is not common to openly contradict one of their analyst collegue in public. But he silently told us that this sector is battered for no reason. CSCO met the #; 3COM was less by a cent or so. That too in a qtr where two giants merged; ASND met the #; ASND told Wall Street that this merger is accretive and not dilutive; Is having major deals with UUNET; Rumoured to have the deal with $200M deal with NTT; ASND openly told the street that they are comfortable with #s for this qtr; Ofcourse they filed Form 8K which showed lower #s; First of all they will not give an upbeat if they are notcomfortable with their #s. Mory Ejabot is managing this billion dollar business for several years and never missed their #s. He certainly knows what the hell he is talking about. Therefore let us wait until this Solomon conf. Currently ASND is at its July 96 price and NASDAQ was 1080 then. ASND made several profitable qtrs; rich in cash; made accretive major strategic acquisitions; one of the most favorite of ISPs; acquired multimillion dollar contracts and became a formidable player in the market. Do you think that it is over priced compared to Nasdaq which grew by more than 60% ? Give me a break. This is a real value company. As I posted earlier, I am pissed off by the managements long silence. Regarding 3 COM it is widely reported that they had a good August and my sources tells me that September is a very good month. Highly respected guys like Eric will warn us if there is earnings problem. Already one more day to go for the qtr end for 3 coms. He will definitely know what the # is going to look like. Therefore I am confident that 3COM will meet its #. IMO Both 3COM and ASND has software fix for any standard that is going to come out. All the knowledgeable modem buyers knows about it. Finalizing a 56K standard is now more of a formality than any life or death situation for any company. Therefore I think this issue is way overdone by press just to fill in some column space if they dont have any news to print. CSCOs chamber consistently met his #s. He and Bill Gates makes it a point not to listen to any whisper #s. IMO all of the above networking companies are great steal at this price. Regards Kumar

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