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

To: Sector Investor who wrote (33187)	2/4/1998 12:41:00 AM
From: Gary Korn	Respond to of 61433

They [CISCO] certainly can say anything they want - who ever questions them, the ANALysts? Sector, I'm just reporting what CSCO said, not commenting on the veracity or the applicable time-frame. Unfortunately, people sometimes believe and even act upon what is said by the management of such billion dollar companies. (Which is why, I guess, we need so many lawyers to pursue so many class actions against these miscreants.) The dial access numbers in Q3 are soft, granted - but let's wait a bit to see if Q4 and Q1 rebound. While we wait, I think it is worth remembering the guidance, from ASND mgmt, towards low single digit revenue growth in Q1. If that is true, then it would seem that multi-point daily jumps will not be a matter of course for the time being. (Then, again, we are talking about the mgmt of a billion dollar company, which presumably invokes the veracity issues identified in the first part of this response, so go ahead and bring on the lawyers!) Gary Korn

To: Sector Investor who wrote (33187)	2/4/1998 1:28:00 AM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

Sector, Snippets from CSCO earnings release: "We are pleased to report the 32nd consecutive quarter of revenue and earnings growth. A strong Americas market, improving European market, and increasing activity in service provider spending continue to fuel Cisco's growth," said John Chambers, president and CEO of Cisco Systems. "Driving this growth is an increasing realization by customers that the Internet is changing the way people work, live, play and learn." "We are seeing good activity across all of our lines of business and continue to gain market share against almost all of our key competitors," Chambers said.[Korn: He said "almost all" not "all"] "1998 is shaping up as the year of broadband technology, particularly as service providers and large enterprise customers begin to invest in data network infrastructures and the integration of data, voice and video.[Korn: This comment certainly is consistent with what ASND has been saying about ATM] Going forward, we believe that Cisco is well positioned to empower the Internet generation, using its Internet technologies to help create a 'new generation' of companies, people and countries."