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Technology Stocks : Ascend Communications (ASND)
ASND 213.42-3.2%3:13 PM EST

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To: George T. Santamaria who wrote (28794)12/29/1997 7:43:00 AM
From: scott maragioglio  Read Replies (1) of 61433
 
George,
I'm sorry but once again I have to jump all over someone for saying these guy are incompetent. What gave it away, the fact that in only 5 yrs the "incompetent "mgmnt took the company from small startup to a MAJOR player in networking. The fact that they are the one company in networking that scares CSCO, or is it the way they positioned this company as an end to end internet ifrastructure company( the highest growth area in networking). I guess it was all a happy accident. Going into the cascade merger the big debate was that Ascends "excellent" mgmnt team would be stretched to thin over cascade. Many analyst were saying Ascend had one of the best mgmnt teams of any networking company. 0-1 billon in sales in 5 yrs. I'll tell you what if present mgmnt left I would sell the stock.
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