Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 222.15

+2.2%

Feb 6 9:30 AM EST

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To: fedhead who wrote (3334)	6/3/1997 10:03:00 PM
From: Immi	of 61433

Check out NN's conf call. This is more important than the .1c shortfall. They are very optimistic about the future. Sure a .1c shortfall is much much less than Cabletron's earnings shortfall... Anyway, don't we know the market by now. There are nervous investors who yet want confirmation that the networkers are on the rebound. Now, CS comes out late with its own company specific problems. Who cares. ASND/CSCC/COMS all fall in unison. It the herd mentality. Sure it may fall, as did CISCO today. But, by August when the merger is over, CSCC new products are released then we see who calls the tune. For a company that says it can meet its expectations ASCEND has no reason to fall. It may be momenteum players, MM's institutions who cares. Fundamentally, this stock is sound, unless there is real bad news. A dip to 45 may be possible, but there should be a breather for the next lap. By the way do you work for CISCO?. It seems that you are always gung ho on CISCO?. CISCO is the one that is overvalued IMO. You, see aquistions is not the only game in town when you want talent, fast introductions of products. All these traits are found in ASND... I pity the people who pitch out ASND, they are the same guys who will buy in at 65... Immi

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