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Technology Stocks : Ascend Communications (ASND)
ASND 197.70-4.5%2:50 PM EST

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To: gbh who wrote (46915)5/14/1998 2:10:00 PM
From: Darren   of 61433
 
How about IBM? HWP down 10, IBM up 6-7. I know you think ASND is smoke and mirrors, but how about IBM. Huge shares buybacks with borrowed money, no top line growth, increasing debt ratio. But Lou is the master. WS loves him.

According to CNBC, Lou predicted double digit growth in 1999. You know IBM -- growth two years from now is a positive. Can you say class-action shareholder lawsuit?
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