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Technology Stocks : Ascend Communications (ASND)
ASND 209.30-1.8%Jan 6 3:59 PM EST

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To: Dr. Bob who wrote (9651)8/25/1997 11:37:00 AM
From: Arby   of 61433
 
Robert: "In terms of gaining/losing market share, perhaps, but in terms of absolute market share, hardly." Exactly the point! The Cowen report also states their belief that Access Concentrator spending plans are down according to their survey. As a result they are cautious on ASND. Are they right? I don't know. I hope they are wrong.

I made my post in response to the question "Why are the institutional investors in ASND not supporting the stock?" If they are cautious because of a temporary glich in 56K modem deployment and a one week time out for cross training the Assend/Cascade sales forces, we should see higher stock prices. If Cowen is right, we may be see more sideways movement for a while.

Good luck,

Ron
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