Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 221.94

+0.3%

11:59 AM EST

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To: giles who wrote (6471)	7/12/1997 5:17:00 PM
From: William Grady	of 61433

Thanks for your input; sounds very good; if ASND can meet earnings estimates on the 15th we should be in for clear sailing; otherwise we may be in for a short term downtrend if they miss by much. It's my understanding that 56K modem standards will be set around the first of next year and that it will probably be a compromise requiring X2 and 56K flex modems to both be upgraded to the new standard to make them compatible with each other. Once this happens I would think that would make the current concerns academic about which one is better or that ASND should have went with X2. Also I can forsee a large surge in the sales of 56K modems once the standard is set. I myself plan on buying soon after the new standard is set. Best of luck on the 15th, WAG

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