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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: Lee Ring who wrote (60262)	3/10/1999 9:17:00 AM
From: The Phoenix	Read Replies (1) of 61433

Cisco's 10Q warned of margin pressure. This is the same drum they bang each quarter however the market is much less willing to look the other way this time around. Cisco's Q3 is typically tough for them. THis coupled with continued uncertainty in the tech. sector will probably peel 10%-20% off all the networkers in the coming days. OG

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