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Technology Stocks : Ascend Communications (ASND)
ASND 207.87+1.2%3:07 PM EST

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To: Jan Crawley who wrote (37842)3/5/1998 6:24:00 PM
From: Matt Webster  Read Replies (1) of 61433
 
More Bad News Out of 3COM.

From what I can make of their press release, they just lost $0.20 in earnings from 1997. That hurts.

Could this happen re: ASND/CSCC merger? They said the SEC investigated and asked them to make some changes. This could be painful. I think we're going to test 30, perhaps 28, depending on whether everyone panics.

Whoever that was who called 28 last week, you're either very luck or very good.

Matt
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