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Technology Stocks : Ascend Communications (ASND)
ASND 205.90-1.3%3:53 PM EST

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To: vegetarian who wrote (8165)8/7/1997 4:59:00 PM
From: Paul Barr   of 61433
 
M. Carter,

ASND is the fastest growing networker. CSCO has made the analysts estimates for many quarters to and it stock has doubled.

I think ASND is having a problem of big cap/small cap mentality.

Instituttions want to hold the big guys(MSFT, DELL, CPQ, MRK, GE...) no matter what there growth rate, while companies like ASND just sit there. You could have bought ASND in early 96 for the same price it is now. I think now that it is a better company then it was last year.

It is very frustrating, but as long as they have good earnings, the stock price will catch up with the earnings.

Paul
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