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Technology Stocks : Ascend Communications (ASND)
ASND 210.52-1.0%1:26 PM EST
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To: pass pass who wrote (28749)12/28/1997 8:27:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 61433
 
Gary, last year there wasn't Asian crisis. So if we throw away another 28% of ASND Asian business from $45 1/2, you get about $30. Keep in mind this number doesn't not include threat from CSCO, COMS, BAY or LU. pass pass, I he been doing a bit of thinking on Asia. The problem is real and significant. Spending will be down. The questions is where will the cuts be made? In technology? Would that not be self defeating? Any thoughts would be appreciated. Glebb
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