Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.47

-1.9%

1:24 PM EST

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To: pat mudge who wrote (39131)	3/14/1998 3:51:00 AM
From: abram holt	Read Replies (2) of 61433

Even if Q1 is on target, Q2 does not look good. Q1 release should come with warning for Q2. Don't know where all the optimism is coming from. COMS will not meet number this Q and even if some companies (i.e., ORCL) can meet target for this quarter by squeezing out some earnings, Q2 will definitely be a bad one for most of the tech sectors. There is more downside risk now than before. Most of Wall Street has not yet understood the magnitude of the Asia economic problems. The best thing investors can do now is sell stocks like ASND and wait until the full impact of Asia hits the companies and their shares.

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