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


To: blankmind who wrote (25260)12/2/1997 9:47:00 PM
From: K MAC  Read Replies (1) | Respond to of 61433
 
Buying back shares is a big use of cash and consiederd an investment on the cash flow statement.-ASND is MUCH better off investing in its technologies to stay ahead of, or at least, equal to the competition. With CSCO gunning for them they will need all the cash they have to help fight the battle. It would be a very poor business decision to buy back shares.

K MAC