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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Captain James T. Kirk who wrote (24563)11/24/1997 10:21:00 PM
From: Simon   of 61433
 
<< IBM has been purchasing asnd stock, for 4 weeks now.>> This would make a lot of sense for ibm. Msft kicked their butt, Dell kicked their butt,csco kicked the main frames in the butt. It's about time they got their act together and took the lead in something. It would seem they most likely have gotten rid of all the prima donnas who thought that nobody could touch the great IBM. Big blue got black and blue in the last few years not withstanding their price rise in the last year. With their world wide clout, they could act like a 1000 lb. gorilla with ASND as their lead into the internet. The internet is growing and will grow especially with the $ 200. couch keyboards coming to market. If I were on the board of directors, I would be screaming that it's time to get the act together and start making a name for ibm instead of letting bill gates take all the bows. Somebody has got to have some pride somewhere. With a little bit of effort they could be like AT&T of old of the internet.
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