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Technology Stocks : Ascend Communications (ASND)

ASND 209.15

-1.5%

Nov 20 3:59 PM EST

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To: Bindusagar Reddy who wrote (59358)	1/19/1999 11:14:00 PM
From: H.A.M.	Read Replies (1) of 61433

BR, very good job. I, too, felt the CC was very bullish and assuring. Also, from the analysts' comments, you get the impression that they had a similar feeling. The book-to-bill ratio was greater than one, and Michael Ashby asserted that there is no change in their guidance to the analysts, which means that ASND is comfortable with the 1999 forecast. This is a good thing to hear from the very conservative CFO. Mory mentioned that there are several new products that will come out in the near future, and he responded very confidently to a question from an analyst about some "noise" (the analyst word!) from CSCO about a new ATM product. Mory said that CSCO always do the same, whenever they are about to release a new product, but ASND is 12-13 months ahead of them. In a nutshell, ASND is doing great. Hisham

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