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Technology Stocks : Ascend Communications (ASND)
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To: Glenn D. Rudolph who wrote (38407)3/8/1998 7:56:00 PM
From: Jurgen  Read Replies (2) of 61433
 
1. Three super-high profile tech companies have issued profit warnings
2. COMPAQ, world's largest PC manufacturer, will "break even at best"
3. Nasdaq comp is up 12% for the year on deteriorating earnings expectations (that's what i would call a divergence)
4. Gary talked to IR last friday, Q1 "may be a little bit more back-end loaded than anticipated"
5. everyone here is bullish, including Tim

heck, why should ASND go up short-term ?

Jurgen (desperately waiting for a buying opportunity :o)
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