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Technology Stocks : Ascend Communications (ASND)
ASND 206.71-0.9%12:39 PM EST

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To: Immi who wrote (15135)9/30/1997 12:47:00 AM
From: Chuzzlewit   of 61433
 
Immi, I tend to agree with you. Someone on this thread (sorry, I can't remember who) suggested that it might be wise for ASND to stop trying to scramble to make estimates by discounting product towards the end of the quarter. It is just possible that they have taken this tack, in which case the earnings outlook for the following quarter might be significantly better than expected. Also, the two big deals ASND recently announced bodes well for the future. Although I'm also down about 20%, I still have faith in the long-run future of this company.

Regards,

Paul
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