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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST

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To: Duke who wrote (56360)10/22/1998 1:30:00 AM
From: Bindusagar Reddy  Read Replies (2) of 61433
 
I like what Mory says about couple of ANAL=yeists. EJABAT:" That's correct. We have about 30 analysts covering Ascend and out of those 30 about two of them...either put us on hold or downgraded us, and that is a misunderstanding of those firms. They don't understand the technology, they don't understand the industry, and that is why they downgraded the stock.

We are in a very great position in respect to the next-generation networks. We are the only company at this point that can provide that type of technology on products for our customers. "

Sounds like music to the ears of ASND long term investors.
Good luck everyone.
BR
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