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

To: yojim who wrote (20930)	11/4/1997 6:15:00 AM
From: Kumar Nathan	Respond to of 61433

Hi Everybody: Today ASND will fall again. Hong Kong is falling by 4.5 %. Market is shrugging any good news from ASND executives unless they show it in black and white at quarterly earnings report. Too Bad Market is treating grown up executives of ASND like that. But you cannot blame it on the market. It is those executives who mislead the street in the recent past making them to believe that everything is rosy and "no slowness in sight" kind of BS's. When I read Intels announcement of inroad into networking, ASND name is not even mentioned in that article. It suggests that ASND is losing its market share big time or like wall street, main stream networking industry also doesnt give any credibility to that organization. At this rate, Since market is expected to grow at a faster pase during the reminder of the year, I see ASND to fall much rapidly. ASND longs will start to take tax write-off much sooner than rest of the market. Regards Kumar