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Technology Stocks : Ascend Communications (ASND)
ASND 202.23-4.2%Dec 2 3:59 PM EST

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To: Glenn D. Rudolph who wrote (16226)10/3/1997 12:54:00 PM
From: moose   of 61433
 
These new estimates seem awfully low. I believe COMS has it right, sales hurt by no 56k standard. I have AOL, Concentrics, AT&T and Erols and I can't connect at 56k on any of them. That tells me theres alot of room for growth. WCOM / MCI deal coould be huge for ASND. Look for ASND to be 60 by April after ITU standard is established and estimates get blown away. Bought 10 Nov 80 puts on CSCO today at 5 1/8. CSCO is over bought and slow European an Asian sales sounds familar!!
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