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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.46-3.7%Nov 20 3:59 PM EST

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To: IBthinkin who wrote (15278)7/23/1998 4:41:00 PM
From: The Phoenix  Read Replies (1) of 77400
 
As I said, the sector was out of favor mainly due to COMS...I agreed with you on that. CSCO and ASND fell about 30% soon after COMS announced...however ASND continued this decline due to the factors you pointed out while CSCO recovered. So, I guess what I was attempting to aritculate - apparently not well, was that ASND's problems were mostly their own doing.

techstocks.com

I think this chart says it all. See how ASND was holding it's own until August..that's when the floor fell out...if they had hit earnings and not lied about their sales projections they could've tracked CSCO and would probably be trading in the 80's right now. Note that ASND is still off 30% pre-COMS disaster....look at CSCO!!! WOW!!!

Gary
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