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Technology Stocks : Ascend Communications (ASND)

ASND 238.46

+2.0%

Jan 27 3:59 PM EST

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To: Power Player who wrote (6732)	7/15/1997 5:07:00 PM
From: NIng Zhao	of 61433

Here is an excerpt from the press release. This could be one of the contributing factors for the shortfall this quarter. So the Cowen analyst is right afterall. On the other hand, this bodes great for next quarter's results. The demand for 56K is going to be outstanding. Mr. Ejabat continued, "I am happy to report that we began shipping the 56K cards for the MAX TNT at production volumes yesterday. During the course of the quarter we experienced delays in shipments of the cards due to software integration issues. We have now resolved those problems and are currently shipping the cards at full volumes."

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