Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

3:59 PM EST

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To: vegetarian who wrote (16133)	10/2/1997 4:37:00 PM
From: giles	of 61433

If that blowout volume several hundreds of millions of shares in Sept with a finish of 33 million wasn't a bottom, I'd be surprised. Can there be any more bad news? IMO not for at least 3 more months. Interop has to be upbeat. Earnings reports in one week should be positive for Q4 with W/COM order and NTT order and MAX TNT problems substantially fixed. ATM a big growth field. The chances are really good for a good 4Q especially if ASND bit the bullet with regard to backloading. However, the other networkers should do better stockprice wise in the near term since they (COMS & CSCO) are on track with CSCO getting earnings estimate increases instead of decreases.

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