Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

3:59 PM EST

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To: Scott who wrote (21247)	11/5/1997 1:42:00 PM
From: Jeff Jordan	Read Replies (1) of 61433

There are rummers on the street that ASND is having a mass exudus of salesmen..leaving to work at CSCO and other companies...is anyone aware of this? Very funny, the high techs are always stealing each others employees, but salespeople I'm not worried about! Especially when they don't know the product? Fellow networkers Ascend Communications Inc (ASND), 3Com Corp (COMS) and Bay Networks Inc (BAY) also gained ground. Traders said Cisco's results appeared to allay some fears for the group that arose after Newbridge Networks Corp (NNC.TO) warned of weak second quarter results. However, Cisco's powerful industry position left some reluctant to draw broad conclusions from its results. ''This may just be a case of Cisco again flexing its muscle and showing its dominance,'' one trader said. Ascend shares gained 7/16 to 25-3/4 and 3Com gained 1-1/8 to 44-3/4. Bay Networks rose 5/16 to 35 and Newbridge Networks' NYSE-listed shares (NN) rose 13/16 to 49. Jeff I'm waiting on cJan25 confirmation..

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