Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: Pullin-GS who wrote (15412)	9/30/1997 9:34:00 AM
From: Andie Wei-Ku Lin	of 61433

Bear Stearns makes comments that the Q3 shortfall for Ascend is company specific. They do not believe that Ascend's poor performance this Q is the result of an overall softening in demand or pricing pressures in the industry. They believe Ascend's RA concentrator business to have declined as much as 25% this quarter, and gross margins to have fallen 200-300 basis points. Cites any weakness in Cisco and 3Com stemming from the Ascend Q3 shortfall as buying opportunities. Has Ascend under review. Says Ascend unavailable for comment after the pre-annoucement last night.

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