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Technology Stocks : Ascend Communications (ASND)
ASND 202.96-2.8%Jan 9 9:30 AM EST

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To: Chuzzlewit who wrote (13774)9/20/1997 7:14:00 PM
From: Snowshoe   of 61433
 
>>... obsession with the implications of back-loaded sales.<<

Tuesday's WSJ, 9/16/97 page C1, has an article on the negative impact of back-loaded sales titled "Growth Companies Feel Pressure to Book Sales". It gives the example of one company, Avid Technology, that kicked the habit of late-quarter discounting to its ultimate benefit.

Perhaps Ascend should just bite the bullet and take a bad quarter, and then restructure the sales strategy to avoid the last-minute frenzy. The stock is already in the dumpster anyway, so now seems like a good time for such a switch.

FWIW, I have a long-term holding in Ascend that is slightly underwater. I also traded in and out this week for a gain of 2 points.
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