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


To: Nazbuster who wrote (23192)11/13/1997 11:05:00 AM
From: Harry Ehrlich  Read Replies (1) | Respond to of 61433
 
Well, I like your outlook. As a consulting engineer, my job is to help companies improve efficiencies. And certainly companies will invest in improved efficiencies. Additionally, Greenspan was quoted this morning as saying that the Asian problems will not affect our prosperity.

However, as an engineer, I can state, with absolute conviction, that most companies invest in improved efficiencies when they are doing well and can afford to spend. When times are tough, they bite the bullet. Tough times in Asia might halt spending. With a significant portion of Ascend's revenue coming from Asia, that signals a problem.

So, as with all questions, they lead to other questions. Does anyone know how much exposure Ascend's competitors have in Asia? Maybe it's a level playing field.

Harry