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Technology Stocks : Ascend Communications (ASND)
ASND 202.96-2.7%Jan 9 3:59 PM EST
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To: getgo234 who wrote (32925)2/2/1998 8:39:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 61433
 
Getgo,

This is as wishy washsy as one gets.

The steeet may assume that Ascend is getting a lot of NN's market share. The street may assume that the demand in the market is weak.

I feel CSCO is presently overpriced. I doubt an earnings shortfall with them will affect many other networkers, Clearly, I have no idea.

I feel downside for Ascend is minmial as is upside. Sideways moves. That is true with COMS too.

Glenn
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