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Technology Stocks : Ascend Communications (ASND)
ASND 208.87+2.9%3:59 PM EST

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To: Tim Luke who wrote (11055)9/9/1997 10:02:00 PM
From: Kumar Nathan   of 61433
 
TIM: I believe that current sell off is over done. Briefing agrees with us. Secondly, it is quite common for a company to be weak on 1st month of the qtr. But ASND didnt say that their qtr is going to be weak. They will still meet the #s as they announced quite a while ago. I am beginning to feel that this company is very cautious company. Today when I talked to ASND IR they still say " No Comments" to ASND NTT deal. WorldCOm is going to bring additional revenue. It is good to know that they have a very happy big guy as their customer. MSFT is going to increase its connection by 500K lines. Compuserve is going to double its connection in Germany. South East Asia sales are brisk and they are winning market share. Tim tell me what more you are looking for.

The reason this stock was down for a while is due to shorts and rumours. Now the smoke is clear and the stock can take off.

Let me know if you think that there is any major negative news surrounding this stock.

Even if it misses this quarter by a penny or a nickle (WHICH THEY WONT) it doenst matter. The outlook is very good and positive.

Therefore I strongly feel that this sector will move up.

Regards

Kumar
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