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Technology Stocks : Ascend Communications (ASND)
ASND 209.02-0.7%3:59 PM EST

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To: Analog Kid who wrote (15652)9/30/1997 3:59:00 PM
From: Peter Yang   of 61433
 
IMO, the management has been trying very hard to salavge this quarter. However, on the last day they realized the effort was futile and they decided to release the warnings. I don't believe the management is sinister, they are just too optimistic about their chances. At this point, I hope all the delayed orders are not going away and would be delievered in next quarter.
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