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

To: Tony Dang who wrote (21375)	11/5/1997 10:20:00 PM
From: sepku	Respond to of 61433

>>>Where did you read that? The announcement clearly stated, "by 20 to 30 percent in the next few quarters." But I'll give you the benefit of the doubt and say you're right.<<< No need to be so generous. ;o) Here is the pasted quote from yesterday's Nov.4 article from Bloomberg: "The company plans to lower ''street'' prices for its products by about 10 percent in the first half of 1998, Ashby said, and he expects to meet estimates of $1.15 to $1.20 a share in earnings next year." >>>Okay, so buyers will only save ten percent by waiting a quarter. Ten percent on a million dollar order is still a lotta bucks.<<< That's right...those are great savings. Which is why ASND's customers are more likely to remain with MAX, and may even buy more volume while they're at it. Style Pts.