Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: The Phoenix who wrote (49690)	7/10/1998 6:58:00 PM
From: Darren	Read Replies (1) of 61433

*** OT *** Yeah, I think AMAT is going to be a big drag on technology come Monday. As much as I hate the way analysts and uninformed traders lump tech stocks together the fact remains they do. AND, AMAT disappointing news after the close, although it in no way is a reflection on the networkers may hold us in check. I guess you could twist it around and say that for chip companies, it is not such a bad sign that they are able to save costs and meet production with current equipment for the next quarter. Long term though, not good. New equipment means ramping up volume...or improving technology.

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