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

To: craig crawford who wrote (20663)	11/3/1997 1:38:00 PM
From: vegetarian	Read Replies (1) \| Respond to of 61433

Oh! so the total growth over next several Qs is 10% and not Q-Q seq growth as initially thought, then it makes sense with the other news and the selloff.

To: craig crawford who wrote (20663)	11/3/1997 1:41:00 PM
From: Jeff Jordan	Respond to of 61433

13:00 -- 14:00 ET (Updated throughout the hour)****** 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..... <<<12:59 [ASND] ASCEND SEES 10% SEQUENTIAL GROWTH OVER NEXT FEW YEARS -- REUTERS. 12:59 [ASND] ASCEND: ISP CONSOLIDATION HURTING DEMAND FOR PDTS -- REUTERS. 12:58 [ASND] ASCEND SEES PRICE CUTS OF 20-30% IN CONCENTRATORS -- REUTERS. >>>