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


To: Jeff Mills who wrote (20662)11/3/1997 1:35:00 PM
From: craig crawford  Read Replies (3) | Respond to of 61433
 
From Briefing:

Ascend Communications (ASND) 27 1/16 unch: networking access provider sees 10% sequential growth over the next several quarters as
consolidation in the Internet service provider field is seen lowering demand for products; expects to see price cuts of 20% to 30% in
concentrators as a result of product demand.....



To: Jeff Mills who wrote (20662)11/3/1997 1:38:00 PM
From: Beachside Bill  Read Replies (1) | Respond to of 61433
 
Sold... ASND has been trading a lower end of trendlines and needed to retrace. With news like that...too risky.



To: Jeff Mills who wrote (20662)11/3/1997 2:14:00 PM
From: Chris Anderson  Read Replies (4) | Respond to of 61433
 
Jeff / All:
Sadly, I too am considering giving up for now and bailing out of ASND.
Anyone have any stocks on their shopping lists with compelling 6-18 month potential they'de be willing to share? Thanks in advance!
Chris {:-<)