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Technology Stocks : Ascend Communications (ASND)
ASND 228.54+5.4%Jan 22 3:59 PM EST
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To: Narotham Reddy who wrote (30822)1/17/1998 12:53:00 AM
From: pass pass   of 61433
 
All, beware of the timing of the upgrade. As I said previously, as piles of upgrades coming in one after another, it's often time to set a sell stop or simply take profit and watch. When most of the telco equipment makers (LU, ADCT, TLAB) get downgraded, should ASND business be somewhat negatively impacted by the slowdown as well? We know ISPs are slowing down (that's why ASND doesn't mention MAX TNT now), here we have telcos saying the same, they're the buyers of those switches after all.
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