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Technology Stocks : Ascend Communications (ASND)

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To: Maverick who wrote (9768)8/26/1997 4:19:00 PM
From: sepku   of 61433
 
>>>ASND could fall by at least 10 pts if there is a warnings.<<<

Not a chance at these levels. ASND's low during the network sector crash was 36 or so. We have already seen a 9 point decline from the most recent high of 55. ASND may see 40 in such a scenario -- no less. I don't believe ASND will disappoint. Management has already reiterated the estimate and expects Aug and Sept to be strong.

Style Pts.
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