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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: Chuzzlewit who wrote (20915)11/4/1997 1:05:00 AM
From: Kumar Nathan   of 61433
 
Paul and Others: I am very skeptical about ASND Mgmt's outlook. But I would like to point out that it is not at all uncommon for any product to have a price erosion of 10-20%. That is perfectly common in any business for that matter. In many business it could be even more. But at the same time they will try to compensate it by increased productivity and newer product. New products that will be supplemented could have more features at the same price etc., Therefore if I were to take those comments at face value it is bullish. But since it comes out of ASND Mgmt's mouth we have to be extremely skeptical.

Regards

Kumar
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