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Technology Stocks : Ascend Communications (ASND)

ASND 204.41

-1.0%

Nov 14 3:59 PM EST

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To: Glenn D. Rudolph who wrote (30234)	1/13/1998 7:40:00 PM
From: Sector Investor	Read Replies (1) of 61433

<<Com Squeezed By Asia And Price Cuts(01/13/98; 3:46 p.m. EST)By Gabrielle Jonas, TechInvestor In a filing with the Securities and Exchange Commission Tuesday, 3Com said it will soon feel the squeeze from Asia's financial crisis and from cut-throat price competition in the 56-kilobit-per-second modem market. 3Com said Asian customers could default on money owed and competition threatened to put a dent in its market share.>> I commented before that conusmer oriented techs would likely be harder hit than enterprise/gov/infrastructure oriented companies, and this clearly demonstrates that. The problem is the market can't seem to make the same (obvious?) distinction.

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