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Technology Stocks : ASND - longterm investors with short term worries -- Ignore unavailable to you. Want to Upgrade?

To: Rational who wrote (23)	11/3/1997 5:44:00 PM
From: Bosco	Read Replies (2) \| Respond to of 67

Sankar - IMHO, that is only part of the problem (re: competing with CSCO.) Other tangential problems like slow down (to 30 - 50% annual growth <g>) and increase competitions are compounded with a great deal of perceptual problems. Right now, b/c of many failures previously, the street is skeptical about mergers (of equal.) However, the greatest perceptual problems are ASND mgt (which comprises of ASND and CSCC mgrs.) On top of its credibility gap - real or imaginary - it is not really that street friendly. It blew off a conf mtg a couple of mos ago. Its PRs are poorly worded (take a look at today's revenue growth story and how it is being interpreted.) I bought last week b/c I thought it could not be worse (after reading the Fortune's article.) Then, lo and behold, it (ASS-END mgt) outdid itself today <sg>! Personally, I ve begun to question my bottomfishing expedition, so I will watch to see if ASS-END mgt can undo some of its own self-inflicted damage. rgds Bosco

To: Rational who wrote (23)	11/4/1997 1:02:00 AM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 67

In the current climate and ascend's current blunders I could see the stock going to 20 before this whole mess is over, but it's not going to say there long. If you've held on this long it really doesn't make sense to sell at this level unless you want to offset gains and then try to get back in before the end of the year. If we do have another quarter of not meeting estimates which management seemed to imply from the current press release we're screwed for another 6 months... Any chances of Cisco pulling us higher on good earnings? Probably not... Jim