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Technology Stocks : Ascend Communications (ASND)

ASND 212.56

+1.2%

12:59 PM EST

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To: Glenn D. Rudolph who wrote (30640)	1/15/1998 8:56:00 PM
From: craig crawford	Read Replies (2) of 61433

<< This quarter and likely the foillowing quarter. This is fact. >> Which part is fact? That Europe is stronger or that it will pick up the slack? You expect a strengthening in Europe to totally offset weakness in Asia? True, we have been hearing that Europe strengthened recently, but the US looks strong recently too. Most companies aren't missing estimates too badly because the Asian flu hasn't seriously hit the bottom line yet. Don't you think Europe will weaken in the next few quarters due to Asia just like the US is expected to do? How can Europe be immune to the problems in Asia, while the US (which is stronger) is not?

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