Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Chi-X who wrote (21429)	11/5/1997 11:59:00 PM
From: sepku	Respond to of 61433

>>>Kernen today was discussing Cisco's pop today and saying something like, "Hard to believe, but 50%+ of the total revenue for all networkers are made by Cisco Systems."<<< Hmmm. I still need to run those numbers. Maybe he should have said "net income", rather than revenue? Now that I can believe since I think CSCO has the highest margins of all networkers. But like you said before, they did mention INTC's supposed buyback of shares. Not to mention Joe Kernan was the same guy touting the IBM buyout rumor of NOVL a couple months ago...should've known better after the same rumor rose and died twice before already. Joe is probably just giddy from all the hairspray fumes from his head. Style Pts.

To: Chi-X who wrote (21429)	11/6/1997 2:05:00 AM
From: MMW	Respond to of 61433

I would disagree with you. Cisco does not make 50% network equipments. Joe Kernen is only a reporter. We can not take his words as a fact. I think ASND price is quite attractive at those levels. All the bad news is in the stock. I also think ASND has a leading technology in certain area. If you are long term investor, you will be rewarded later for taking a little risk buying the stock at current levels. It just my thoughts. Mike