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Technology Stocks : Ascend Communications (ASND)
ASND 212.11-2.3%1:12 PM EST
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To: Bindusagar Reddy who wrote (56272)10/20/1998 9:31:00 PM
From: Matt Meagh  Read Replies (1) of 61433
 
1) Considering the commotion today (about the loans) can we take it
as read that ASND has not done this in as "grand" a scale previously,
and that therefore not much of this quarter's revenue came from previous quarter's loans?
2) If LU and NT(?) do it, how screwed up can the accounting really be?
Sounds like its accepted practice to me.
3) Anyone know if Cisco or any other networkers do the same kind of "loans" to customers?
4) I think ASND did the right thing.

Matt
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