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Technology Stocks : Ascend Communications (ASND)
ASND 212.55+1.2%12:59 PM EST

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To: Glenn D. Rudolph who wrote (40570)3/23/1998 2:42:00 PM
From: getgo234  Read Replies (1) of 61433
 
Glenn and others:
Regarding Harkness downgrade:
In the interview with Harkness analyst (somewhat dated) appearing on ASND news only thread the comment is
made that Bay would not be the only networking stock to disappoint
this quarter. The Harkness analyst goes on to say that those networking stocks that disappoint will be hammered and at that time
some of the networkers would offer good value. I am SURMISING that
the Harkness analyst is anticipating a disappointing number from ASND
this quarter. If that does happen I strongly suspect that Harkness would issue a strong buy on any serious weakness. (A lot of assumptions on my part as usual).
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