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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: Sonki who wrote (3305)6/4/1997 9:18:00 AM
From: jas cooper   of 61433
 

this should be good new for ASND? why is it hammered? Concerned about Cabletron's shortfall,'' since companies such as Cisco Systems (CSCO) and Ascend Communications Inc (ASND) are experiencing increasing demand for their networking equipment.

Maybe it's because people are beginning to question their ability to accurately predict earnings. More than 25% is a pretty big miss. Everything gets reevaluated.
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