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Technology Stocks : Ascend Communications (ASND)
ASND 206.92+3.5%3:33 PM EST

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To: Glenn D. Rudolph who wrote (32941)2/2/1998 9:39:00 PM
From: Jeff Jordan  Read Replies (1) of 61433
 


In my opinion NN will have no affect on asnd tomorrow in fact I will call for
tomorrow's range: low 29 7/8....high 31 1/8 with a close around 30 3/4.

I am in agreement with you. Do you see an affect if CSCO disappoints?


From Qualcomm thread......
To: +qdog (7888 )
From: +Walter Jacquemin
Monday, Feb 2 1998 7:49PM EST
Reply # of 7897

Newbridge warns of a weak quarter due to TDMA. Is this because CDMA rules???
"
The decline in revenue from the previous quarter results principally from
a significant sequential decline in revenue for time division multiplexer
(TDM) systems. TDM revenues in the quarter were affected by the increasing
fluctuations or variations in quarterly revenues characteristic of this
business as a growing proportion of the TDM business comes from markets
outside North America. This characteristic was exhibited across the Company's
three largest international markets for TDM equipment: Europe, Asia and Latin
America. TDM revenue was also affected by the volatility in general economic
conditions in certain countries in Latin America and Asia. TDM revenue is
expected to improve in the fourth quarter of fiscal 1998."
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