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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: Tim Luke who wrote (58470)1/7/1999 12:47:00 AM
From: Bindusagar Reddy  Read Replies (2) of 61433
 
Tim, I just listened into MORGAN STANLEY technolgy conference highlights by MSDW telecom analyst Alkesh Shah.
Voice mail version(you can reach at 1-212-761-8541)every ASNDER should dial and listen to this one--
"ASND gave a very positive presentation. He believes ASND made their quarter before Christmas Holidays and stopped shipping last week"(THAT IS VERY BULLISH). That means they are again reserving future sales by at least one week. Way to go MORY.

I got the data version on First CALL. Mr. Sanford gave a good presentation and was upbeat about prospects going forward especially SS7 and ATM technology. He said they were comfortable with 4Q estimates. No surprise. But Iam impressed with one thing. THEY CLOSED 1998 Books a week ahead. Now that is SUPER DUPER!!!

BR
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