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Technology Stocks : Ascend Communications (ASND)
ASND 205.76-4.3%Jan 16 3:59 PM EST

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To: Andreas Samson who wrote (10300)9/2/1997 4:51:00 PM
From: Scott   of 61433
 
"I'll say it again: what would prompt the management of ASND to
knowingly make materially false claims about growth and
revenues? " The y wouldn't...but stating that they are bullish and delivering that are two differnet things...I've spoken with several anylst and they all are worried about the qtr....Joe Bellace included...They reason for the down grade short-term by Joe...I believe we will not know if they can make the Qtr tell Sept. Then they need to get the orders out the door...But my point was that the street for lack of a better word is not confident in ASND making the qtr...No buyers...to support the stock..any run-up is being used to sell out of stock...Mgrs..don't want to the stock in their list of holdings if the miss qtr...Keep an eye out for changes in earnings and opinions in Sept...from large brokerage firms that schould give some insight into this qtr..
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