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Technology Stocks : Ascend Communications (ASND)
ASND 211.69+5.1%12:35 PM EST
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To: Chi-X who wrote (8259)8/9/1997 7:38:00 PM
From: dougjn   of 61433
 
One thing that troubles me about ASND is that managment seems to
strongly push their near term prospects, instead of the cautious
optimism of the cos. that really have it ... CSCO, INTC, MSFT.
Result I think is the Street is much more guarded re: reliability
of ASND. Any negatives stock could get REALLY pounded with limited
ability of management to rectify by soothing the street (unlike the
above three)...
Sold at 53.5. Considering whether to get back in....
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