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

To: The Phoenix who wrote (36240)	2/24/1998 1:18:00 PM
From: sepku	Read Replies (3) \| Respond to of 61433

>>>As far as ASND's future is concerned we should all hope that it doesn't rest solely on the business/political accumen of Mory. Let's fact it Mory's a great guy, but he's the CEO of Multibillion dollar company partially based on luck and partially based on others around him. He's not ever going to knock anyones' socks off with "big ideas" and strong strategic thinking. So, IMHO, I wouldn't go to listen to him speak and expect anything tremendous. What we should expect from him is no surprises - a slow a steady approach with very little excitement or course changes.<<< I agree...Mory failed to smoothly transition ASND from a multi-$M to $B company. I find it shocking that ASND never even had an annual budget until recently! I believe even Mory admitted to the company's problems in 2H97 as "growing pains". Being an engineer, perhaps Mory would better serve as the COO or head of technology at ASND. It's time for a sharp CEO type to take the helm. Perhaps the likes of CFO Ashby...I like the changes he's implemented, thus far. Style Pts.

To: The Phoenix who wrote (36240)	2/24/1998 8:39:00 PM
From: peacelover	Read Replies (2) \| Respond to of 61433

Gary, With all due respect, I defer to agree with your statement. I do not think you are Gary Korn by the way. At least, I hope not. For your information, ASND was to have been wiped out by CSCO by now as I used to read way back when. It is Mory and his crew that are steering this company past CSCO in technology, where ASND is a few months ahead of its competitors,CSCO included. Experts like Maverick can elaborate on this better than I. Be kind to Mory, be patient, damp CSCO and buy ASND, don't worry and I assure you, you will be happy. peacelover