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Technology Stocks : Ascend Communications (ASND)
ASND 209.66+0.5%10:51 AM EST

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To: George T. Santamaria who wrote (28794)12/29/1997 7:58:00 AM
From: Glenn D. Rudolph   of 61433
 
I find the possibility that ASND mgt. was not culpable somewhat frightening because
it implies to me that they are quite incompetent at running a high tehnology business.


George,

Let's preface this with the brief being anti management.

The high tech business has a lot of variables. Time to market is very important. Management could have been criticized had they held up a product that did work properly. It is kind of a "crap shoot".

I recall the USRX I was a shareholder) rollout of the x2 modem. Shipment was delayed and management was heavily criticized for the delay. Their response was they would only ship a reliable product. On the other hand, ROK shipped chips that clearly did not work in their rush to market. They were criticized too. Which management was better?

Glenn
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