Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: sepku who wrote (21117)	11/4/1997 5:47:00 PM
From: hitesh puri	Read Replies (2) of 61433

Style an All, I doubt that investors will be ebullient for too long with Cisco's statements regarding margins. They clearly said now that after this quarters 65.1 % gross margin they expect it to go lower in the near future. Looks like BAY, COMS and ASND are really turning up the heat in pricing in the Switching and RA sectors and the efficiency machine of the giants can go only so far to nullify the effect. Its very apparent from the the malaise affecting Intel after AMD started cutting prices and Intel had to grudgingly follow and we know the result : 100 -> 76. -hitesh

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