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

To: Snowshoe who wrote (22505)	11/11/1997 5:50:00 AM
From: Robert Scott	Respond to of 61433

Ascend management will now have to manage the business as opposed to managing the growth. This takes a different skill set - I hope they're up to it. I wouldn't be surprised to see some management changes in light of this. As far as I am concerned, I feel that Ascend has a viable business and that demand will be good for some time. The sentiment is extremely negative now and once the picture clears up in Asia next year, we'll start to see a gradual increase in share price. I no longer expect a significant bounce short of a takeover.