Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Mark Duper who wrote (57866)	12/6/1998 2:27:00 PM
From: Mighty Mizzou	of 61433

FWIW - From a leading market newsletter. ASND $57.13 -.44 (-2.38) Market drop? What market drop? This popular Nasdaq stock actually came within less than 1/2 a point of its high before slipping back against the market's undertow. In an interview today, CEO of ASND, Mory Ejabat, told CNBC that he felt ASND was in a unique position to capitalize on a great opportunity in the growing demand in the data convergence industry. Mory said that he heard a lot of bullish comments about growing demand for hardware and networking equipment. He also felt that corporate spending would be shifting to newer next generation equipment (the kind ASND provides)!

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