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

To: Kumar Nathan who wrote (21050)	11/4/1997 2:34:00 PM
From: invest04	Read Replies (1) \| Respond to of 61433

Understand that Bear Stearns came out with a research report on ASND about 5 minutes ago; don't know what it says. Per Schwab.

To: Kumar Nathan who wrote (21050)	11/4/1997 3:05:00 PM
From: vegetarian	Respond to of 61433

>>This tells me that there is a shift in paradigm. It signifies, no more back-end loding and first month is better. But this quarter will be same or worse than the previous quarter. I might be cynical. But ASND managment is known for dubious and confusing presentation. With their past record, it will be prudent to interpret the worst case scenerio.<< Does that mean ASND is still not a good purchase at 4.15$; the book value of the company? ;-) By the way, just about 2 months back the book value was at about $6.5 so why has the book value gone down now? how much should the price of the common affect the book value? did they deplete their cash or sold some stuff? Interesting to see ASND putting a gallant fight before going down to the next dollar level.