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Technology Stocks : Ascend Communications (ASND)
ASND 200.28-1.0%3:59 PM EST
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To: Harry Ehrlich who wrote (23196)11/13/1997 11:50:00 AM
From: Larry J.  Read Replies (1) of 61433
 
Harry,

From Ascend's 1996 annual report "International sales continued to increase. growing to 48% of total sales in 1996 from 29% of total sales in 1995.

"Sales in Japan were particularly strong increasing to 21% of the total in 1996 from 13% of total sales the year before."

Of significance is that sales are in Japan. ASND's exposure to Hong Kong is limited. Schneider has mentioned only 5% of total.

Larry
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