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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: Harry Ehrlich who wrote (23177)11/13/1997 10:51:00 AM
From: Nazbuster  Read Replies (1) of 61433
 
Asian banks now have at least $500,000,000 in bad debt. This will make banking operations difficult over there.

Can anyone comment on Ascend's exposure to Asia and Latin America.


Harry, I keep mulling over this whole Asian market meltdown issue as to how it will affect the Comms stocks and keep coming back to the idea that not everything comes to a grinding halt when markets and economies suffer. I would think that investment into improved efficiencies would continue as a matter of survival and that companies like ASND, CSCO, etc.. contribute to these efficiencies. Any slowdown in investment of this sort would put a firm at a big disadvantage. What's your take?
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