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Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%Nov 20 3:59 PM EST
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To: Tim Luke who wrote (26677)12/6/1997 4:07:00 PM
From: Gary Korn  Read Replies (3) of 61433
 
There are at least two sources of potentially very positive news next week:

1. AT&T Worldnet news conference at 10:30 a.m. on 12/10 (as noted by Sector Investor). There is the possibility that T could announce significant usage of ASND/CSCC products in the backbone (that piece of news is vaguely known, but the magnitude of the news is not yet known).

2. An acquisition. Less likely than #1 above, but still a possibility (and my bet remains on CPQ).

As either possibility exists, I don't see a rapid drop in ASND's stock price this coming week and, in fact, I hope to see strength.

Gary Korn
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