Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.58

+5.0%

Dec 12 3:59 PM EST

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To: hal jordan who wrote (12144)	9/12/1997 9:07:00 PM
From: Teddy	of 61433

I do not own any shares of ASND and am not short any shares of ASND. I have no intention of taking a position in ASND in the next three months. I will not tell where i got this information, nor will i answer any post directed to me concerning ASND. What i am going to say is true as far as i know, but this information is only based on third hand knowledge and should not be considered as factutal information on which to base in investment. ASND has not been able to convince Europian Customers to buy the MAX. They have been building them and stacking them in a warehouse. They are now trying to sell those units to ISP in the US at very low prices before the end of the quarter. They has bought materials for and built more product then they have orders for. The old CSCC has not been selling very many ATM Switches (C500). The reason is that they do not work. There was a big problem with the SP20 (the brain of the ATM Switch)and the Power Supplies: they have to replace everyone that has even been sold (they have not completed this replacement project, code named N+1). They have no orders for ATM Switches booked. That is to say, they can not back load the quarter because there are no orders to pull in. Before CSCC was bought by ASND, CSCC projected that Frame Relay sales would slow: they have. Inaddition to the slowing sales, last quarter they rushed to ship a new board called ATM IWU: there is a problem with that board and everyone has been recalled, needs to be upgraded before they can ship. CSCC had planned to generate revienue buy adding more memory to existing boards and calling them +16. Very few people fell for that trick. CSCC has more inventory then total sales for the quarter. The bottom line is: not only is this quarter going to be 30% below the estimates (before they were cut) but because of price cuts, there is not reason to beleive that profits will grow at more than 8% year over year. Do not ask me where i got this information, let's say that it is third or forth hand (Many inst that bought at split adjusted prices well below today's 52 week low have dumped all of thre shares and have no intention of buying even one share untill the combined ASND has shown 3 quarters of double digit growth.... "there are 9000 stocks out there, 8500 have a better out look than ASND.") There is nothing contained in this post that should be taken as fact. Do not invest any money based on what you have read here.

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