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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Gary Korn who wrote (19552)10/28/1997 10:06:00 PM
From: xiang chen  Read Replies (1) | Respond to of 61433
 
To all:
FWIW, HongKong is up 12% or 1134pts and Japan 3.6% or 564pts
now !

xc



To: Gary Korn who wrote (19552)10/28/1997 10:29:00 PM
From: Maverick  Read Replies (1) | Respond to of 61433
 
Gary, although ASND didn't rebound to 32, it did rebound from today's low of 26 1/4 to near today's high. A check for Oct sale turns out good.
So don't worry too much. 10 - 12 % of ASND business is in APAC and Japan. Therefore, investors thought that may put a damper on business. However, CSCO has a similar % of business.in the same region. 15 K share sale is peanut at exec level. ASND should have a good 4Q97


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