Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 201.40

+2.3%

3:59 PM EST

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To: (no name provided) who wrote (1547)	1/13/1997 6:33:00 AM
From: Joe Fang	of 61433

engineer... <If one goes down, all go down. This isn't a good example but what did MOT or HP have to do with ASND or CSCO in July? It's fear.> HP and MOT had their respective problems. HP closed it's hard drive business ( a charge of 150 millions ) and saw increased competition in the server business. Resignation of one of it's key executives didn't help either. Mot...same thing. Losing marketshare in cellular phones to Ericsson and Nokia, slow down in semiconductor business (powerpc ---no thanks to Apple), and spent money in building factories and the Iridium Satellite Project. Joe

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