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Technology Stocks : Ascend Communications (ASND)
ASND 208.87+2.9%Jan 12 3:59 PM EST

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To: fedhead who wrote (6810)7/15/1997 7:53:00 PM
From: Sector Investor   of 61433
 
<<This is definitely a disappointing earnings report. ASND is facing
increasing competition in its core product line. Its only going
to get worse going forward. I don't know how the market will react
tomorrow to ASND's earnings. Clearly the explosive growth is behind
ASND now.>>

Ridiculous.

Yes, this qtr is somewhat disapointing - but not for lack of sales
or orders - just a shipping holdup.
That's GOOD news going forward, not bad.

Re: Worse going forward and explosive growth:
Did you miss the CSCC win last month to 17 provinces in China?
That was huge and will add to revs for at least three years
in a substantial way.

Do you think Goldman will back off now after the splash they
made yesterday?
No, the stock will end tomorrow HIGHER than today, IMO.
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