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Technology Stocks : Ascend Communications (ASND)
ASND 212.00-0.6%3:59 PM EST

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To: Kirk Nikoloudis who wrote (17224)10/9/1997 9:52:00 PM
From: nick cash   of 61433
 
i haven't seen anyone talk about the large increase in inventories from the previous quarter. per the 10Q inventories were ~$97mm on 30 june and now stand at ~$125mm. my info is correct isn't it? anyway, i have yet to listen to the call; i'll do that 2nite. does anyone know whether asnd marks their inventory to market at the end of each quarter? what i am getting at is given the fall off in prices and the inventory build during the qtr, i am wondering if there is the potential for an inventory write down in the future. anyone with any insight please post.

thanks.

imo only....nick
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