Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: Mighty Mizzou who wrote (60196)	3/1/1999 9:53:00 AM
From: hitesh puri	Read Replies (1) of 61433

As I figured, MCI's decision to increase spending to 6.5 Billion for 1999 is being viewed very positively for LU/ASND. LU up in a down tech market. Cisco can no longer maintain high PEs if their sales to Teleom vendors is mainly routers. Enterprise spending WILL slow this year due to Y2K concerns. Waiting to buy Intel at 105 - 107. Only guarantee in techs is volatility and puking ability of Institutions. -hitesh

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