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Technology Stocks : Ascend Communications (ASND)
ASND 196.63-1.4%1:17 PM EST

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To: Chuzzlewit who wrote (18971)10/24/1997 8:31:00 PM
From: Sector Investor  Read Replies (1) of 61433
 
<<Do you believe that the NTT deal may be in jeopardy? Do you forsee a
problem with sales in the Asian market. Will companies like ASND be
battered with currency translation losses?>>

Excellent questions. Who can know for sure?

IMO, completed ASND Asian contracts will be fine. However, Asian deals
in process could be impacted, and conceivably follow-on orders
could be slowed down as well.

There may be a silver lining here however, as the U.S. economy should
slow a bit due to Asian trade, and this may be enough to keep
Mr. Greenspan at bay for a while. If so, this should allow a longer
period of time for the U.S. markets to recover and continue the bull
market.

Currency translation? I'm not experienced enough in this area to even
guess.
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