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


To: Larry J. who wrote (32718)1/31/1998 11:51:00 AM
From: sam  Read Replies (1) | Respond to of 61433
 
I may be mistaken, but didn't CSCC also score a major contract in China immediately before the merger last year?



To: Larry J. who wrote (32718)1/31/1998 9:08:00 PM
From: The Phoenix  Read Replies (2) | Respond to of 61433
 
Larry,

Thanks for the info on NTT. This press release is dated 9/97 so it is relatively new - I must have missed it. I suspect that the network isn't fully deployed yet. Also prior to this win I don't think CSCC had an account out of the US RBOC...and yes CLEC's and ISP's. I was aware of these and I think I even mentioned them in earlier posts. No need to be short with me.

Nonetheless Larry although this is all very good data and appears to tell a strong story for ASND I will continue to refer back to my original comment which is: ASND has not/is not growing their revenues at the market rates. This is why the stock is trading off right now. Of course they may "right the ship", but until they show consistent growth they will continue to lag the market.

Again, it does little good to demonstrate one company's wins against anothers. Let's face it, the stock is going to be valued by investors. Since ASND is lagging market growth and not delivering on earnings investors have sold off.

Gary