Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: Glenn D. Rudolph who wrote (16402)	10/5/1997 6:30:00 PM
From: satish kamat	of 61433

Glenn: IMO ASND has great future ahead of it. The last six months for ASND are similar to NN's product transition in 1995-96 (I remember buying it at $13 adj. for splits) and CSCO's slow-down in 1993 ($9). These periods create terrific opportunities for people who work on facts vs. people who believe what their broker said or a negative story some bear has put out to get last few points. ASND's future is easy to predict depending on who you rather listen to? An analyst who confuses research with rumours or the people who build a $1 Billion in revenue company and not selling their holdings at a time some people have booked graveyard site for their company. Then again there is research: ASND is going through product transition and digesting a big acquisition, many people are holding up their 56K modem purchase - as a result ISPs are delaying buying K-flex equipments and so on. Of course, the best CSCO has to offer handles only one fourth of what ASND's current equip does. Frame relay and ATM are actually being rolled out finally and internet is now becoming accessible in smaller cities in south asian cities. Having handled projects which require complex teamwork and rollouts, I believe Mory didn't lie earlier in July when he thought bussiness was great. My guess is that if 56K modem didn't have bugs, many large orders would have been booked as he was thinking. In many projects, there are always challenges which are typically resolved successfully within time limits. Once in while, unforeseen factors throw plans out-of-whack. All this has created a fire sale. Over the next few months, ASND is going to create nice trading opportunities. Of course, once the ASND reaches $50, we will see all analyst recommending it to the street with a vigor of new found love. That is what I love above the street - when it comes to making money, the street has no complexes. happy investing. satish kamat

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