Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: James A. Shankland who wrote (12723)	9/15/1997 2:37:00 PM
From: vegetarian	of 61433

The exact comment made by JPM was: While we believe that Ascend stands to gain from strong demand in the carrier and ISP markets as well as from its excellent product portfolio and leading market positions, the company is suffering in the short term from a lack of visibility and an erosion of credibility. It is not clear that it is referring to customer confidence as you say. It could be intrepreted to mean company's credibility with investment community (the more likely scenario based on recent history). Also if customer credibility were eroding (over a period) then that would have translated into serious revenue problems in previous Qs which does not seem to have been the case.

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