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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: 4-UR-Eyes-Only who wrote (14934)9/29/1997 6:14:00 PM
From: bob zagorin   of 61433
 
Pardon me in advance...this is directed primarily to all the smug ASND'ers who dumped on CSCC at time of merger. I think you will see from this quarter, when it is announced, that Cascade may save your bacon. Without CSCC's switch revenue, ASND might have lost money this Q.

Long term ASND will probably do well in combination with CSCC but I wouldn't automatically double down on the drop tomorrow. It will take awhile for ASND to establish a new base and reestablish itself as rapidly growing company.
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