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Technology Stocks : Ascend Communications (ASND)
ASND 208.59+4.1%Dec 4 3:59 PM EST

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To: michael e. darney who wrote (1507)1/4/1997 2:57:00 AM
From: adam rapport   of 61433
 
ASND is still a long term short... the era of ISDN is coming to a
close when 56kbps modems can be had for significantly cheaper.
And for the same price as ISDN, xDSL and cable modems offers some
100x more performance. I have been using cable modem for the past
yr and it is UNTOLD times faster than ISDN (for my tele-commute use).

ASND is not cut out to be a player in the xDSL/Cable modem/56kbps
marketplace where volumes will make up for less margin to turn a
profit.

This qtr ASND should make their numbers (earnings) since the
consensus earnings estimate was downgraded but the revenue numbers
should tell you it's no longer a growth co.
Look for this stock to go the way of IOMEGA.

ar
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