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

To: Roadkill who wrote (26871)12/7/1997 9:46:00 PM
From: Sector Investor  Read Replies (1) | Respond to of 61433
 
<<Technology is a cash-intensive business. To stay ahead, companies
must be sinking their resources into R&D. If ASND had to blow a wad,
I would rather see them spend it there. In fact, I was pleased to hear
in the 3Q conference call that ASND would be increasing R&D. That's
what will bring us back.>>

<<Just MHO.>>

And a good opinion it is.



To: Roadkill who wrote (26871)12/7/1997 10:29:00 PM
From: kvogel  Read Replies (1) | Respond to of 61433
 
Matt,
Money for IR&D is better spent than for buyback. Buybacks are usually done by companies cash rich like IBM, CPQ, INTC. ASND needs to rebuild its reputation as a leader in switching technology. I don't believe the company would even consider a buyback now. Many on this thread want the "quick fix" but investors like you and I know what the company has to do and it seems to have started.

Karl


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