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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST
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To: bucky89 who wrote (56111)10/20/1998 10:19:00 AM
From: H. Wai  Read Replies (1) of 61433
 
bucky89,

I believe Ascend is a strongly growing company. But, if they are a strong company, why it has to finance the unknown company to get the deal? They took a reserve against it this quarter, does it mean that it will be bad debt? I don't understand why they have to do it.

Thanks,

H.Wai
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