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Technology Stocks : Ascend Communications (ASND)
ASND 197.59-0.8%Nov 7 9:30 AM EST

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To: Sector Investor who wrote (20861)11/3/1997 10:09:00 PM
From: Gary Korn  Read Replies (2) of 61433
 
Sector,

When I read all of the negativity about ASND, I have to remind myself that we are talking about a company that is anticipating about a 46% annual increase in sales (10% per quarter, translates to 46% annual) and that, in a horrible, horrible, quarter, earned (yes earned, not lost) 20 cents/share. Oh yes, and a company that has top market share in certain networking segments and that is a highly likely acquisition target.

Gary Korn
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