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Technology Stocks : Ascend Communications (ASND)
ASND 209.40-1.5%3:04 PM EST

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To: who wrote (1606)1/16/1997 9:43:00 PM
From: boydude   of 61433
 
To all Ascendomites:

Just heard about the conference call and it was extremely bullish! ASND has a huge backorder, to the tune of 750 TNT units @ 90,000 dollars a pop that didn't appear on the balance sheet this quarter. Also a backlog of over 150 GRF units that are going mostly to PSINET. Rumor about a large order from Microsoft... FORE and ASND building a large network for them. Hired 52 new employess, 41 in R&D. Mory claimed new, large orders from RBOCS and ISP's days or weeks away. Just watch those analysts earnings upgrades tommorrow morning.

Boydude
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