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Technology Stocks : Ascend Communications (ASND)
ASND 210.44-3.1%11:42 AM EST
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To: gbh who wrote (56276)10/20/1998 10:52:00 PM
From: The Phoenix  Read Replies (1) of 61433
 
Gary,

I agree with your premise..and other responses regarding the fundamentals of the financing themselves. It would be interesting to see if the amount (although only $8M) has picked up signifianctly. I think what might be happening (and this is only a guess) is that analysts see the need for financing as an indicator of overall weakness (inability to pay) in the carrier markets. IF this is the case then future earnings could be impacted.

Again, comments are welcome.

OG
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