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Technology Stocks : Ascend Communications (ASND)
ASND 209.02-0.7%3:59 PM EST

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To: Mama Bear who wrote (27829)12/13/1997 3:14:00 PM
From: Sector Investor  Read Replies (1) of 61433
 
<<The Cisco decline today was caused by cautionary wording in their 10q which says
something to the effect that CSCO believes that networking growth will suffer due to
companies diverting resourses to the Y2K problem.>>

What a crock! CSCO is very good at covering up what I feel are
weaknesses inherently resulting from their rapid growth the last
3 years and technology changes (e.g. switching growth) occurring
in the same timeframe.

They blamed their lack of a GE product on "waiting for the standard".
This is just another warning sign, IMO.
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