Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 201.40

+2.3%

3:59 PM EST

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To: jopawa who wrote (55336)	10/6/1998 1:06:00 PM
From: Mighty Mizzou	of 61433

I would say all of the premium has washed out. I think the market thinks LU will wait for one more round of earnings before making a move. One thing to remember, ASND is at the forefront of changing the public network from voice to data. The traditional data guys are already showing pains (ALA, NT) and this, plus the CSCO news yesterday, is going to put a damper on networking in general as evidenced today. The market in general is ignorant when it comes to high end tech. We might go through alot more pain if some deep pockets dont step up at these levels and with the world turmoil going on right now I dont see that in the near future. Believe in ASND, they will come through and prove the shift to data is happening en masse.

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