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Technology Stocks : Ascend Communications (ASND)
ASND 202.91-3.9%3:43 PM EST

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To: Jan Crawley who wrote (41145)3/26/1998 11:32:00 AM
From: The Phoenix  Read Replies (1) of 61433
 
Jan,

Given CSCO is trading at it's all time high and ASND is 1/2 it's all time high I agree that the _potential_ for ASND to do better as a % certainly weighs in that direction. ASND however has the dubious job of being perfect since the investment community has not forgotten last summers poor showing. If ASND hit's expectations they'll see a good run up. Cisco also can not afford to fowl up due to their high valuation, however given their stellar history for hitting numbers I believe the investment community will cut them a minor amount of slack. Just my opinion.

Gary
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