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


To: Monish Suvarna who wrote (21272)11/5/1997 12:44:00 PM
From: Wesley Zega  Respond to of 61433
 
Could the worst be over? Could the CSCO earning news restore some confidence in the networking sector? ASND has been up this morning - not continuing it's slide into the abyss (maybe later today).

Any big block trades (guys with Level II)? Any signs of real buying - instead of the day trader shorts.

Wesley Zega



To: Monish Suvarna who wrote (21272)11/5/1997 12:47:00 PM
From: scott maragioglio  Respond to of 61433
 
Monish,
Of course UUnet is talking to Cisco, who do you think they buy routers from! A large part of this quarters revenues for Ascend are from UUnet, so I would'nt worry too much about that relationship.