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


To: Finder who wrote (21459)11/6/1997 8:59:00 AM
From: Gary Korn  Read Replies (3) | Respond to of 61433
 
ASND - Transaction Log 8:54:06 S 26.2 - 26 20x35 8:52:48 S 200 26.2 T 8:51:34 S 25:F - 26 10x35 8:51:33 S 800 26.2 T 8:51:17 S 2000 26.2 T 8:49:23 S 26.2 - 26 8x35 8:44:42 S 200 26.2 T 8:43:55 S 26.2 - 26 28x35 8:38:46 S 500 26.7 T 8:38:40 S 300 26.3 T 8:32:09 S 26.2 - 26 30x35 8:25:00 S 500 26.2 T 8:15:38 S 25:F - 26 10x35 8:14:56 S 300 26.2 T 8:02:55 S 1000 26.7 T error ** end of data ** COMS - Transaction Log 8:56:16 S 43.3 - 43.3 10x10 8:54:00 S 1500 42:7 T 8:46:27 S 500 42.5 T 8:34:37 S 1500 42.4 T 8:29:32 S 1100 43 T 8:29:31 S 2500 43 T 8:29:11 S 500 43 T 8:15:24 S 43.3 - 43:7 10x10 ** end of data **



To: Finder who wrote (21459)11/6/1997 9:27:00 AM
From: jim detwiler  Respond to of 61433
 
NEWS from AEA Ascend Communications (ASND $26-5/16, LTA) Although management dedicated a large portion of its formal comments to the positive longer-term trends in the market for public data networks and remote access, the audience's primary interest was on near-term business trends. After having reported disappointing financial results for the September quarter, investors are focused on looking for evidence that business has stabilized and demand trends are improving. Management indicated that orders in October were the best first-month orders of any quarter this year, that visibility had increased from the weak third-quarter level and that the company is on track to meet analysts' expectations for the December quarter. Despite these seemingly positive statements, we remained concerned that although visibility may be higher than it was earlier in the year, the general level of visibility remains quite low. Revenues in the December quarter are being aided by high demand from UUnet, which announced a large new contract with Ascend several weeks ago, but international revenues will be weak this quarter because the MAX TNT is not shipping in all of the international markets.