Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.74

+2.0%

2:20 PM EST

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To: Diamond Jim who wrote (54372)	9/17/1998 7:45:00 PM
From: sbeckbal	Read Replies (1) of 61433

Seriously positive and congratulatory report about ASND just played on CNBC on "The Edge". Wow--a paid commercial could not have been more uplifting. Joel Noel (again) suggested that the stock would be a market outperformer, "one of the best companies in the group," over the next 12 months. The segment repeats late tonight at c. 02.15 EST, for those who missed it. When Mory was asked about the LU rumour he went a little further this time and replied, "We have lots of relationships with the telcos... We have lots of technology they may need in the future. On the other hand, we can do that on our own." Oh--and don't miss Mory's final chesire cat smile at the end of the interview when the CNBC correspondent says "You like to win, I take it.", to which Mory replies,"I really do!" The correspondent concludes by reiterating that ASND's revenue growth is double that of the sector and quadruple that of the overall market. P. S. Compared to Mory's rather staid television appearances in the past, this interview shows him to be unabashedly gleeful. Kinda makes ya wonder...

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