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


To: peacelover who wrote (36336)2/24/1998 8:49:00 PM
From: sepku  Read Replies (1) | Respond to of 61433
 
>>>be patient, damp CSCO and buy ASND, don't worry and I assure you, you will be happy.<<<

I've been bullish on ASND for over a year now, but I believe it is wise to hold a stake in both companies. CSCO provides the stability while ASND provides the growth (since it was/is undervalued from being oversold). I sold my CSCO shares several months ago to raise cash in a tipsy market, but I wouldn't be adverse to picking up some shares again if it dipped back into the mid-50s where I sold.

Style Pts.



To: peacelover who wrote (36336)2/24/1998 9:48:00 PM
From: The Phoenix  Respond to of 61433
 
Peacelover,

Thanks for your words. I agree with some of the things you said regarding ASND's products, but business savvy has, up to now, not one of them. I keep hearing about how ASND has better products than the competition yet this doesn't seem to translate into business. Why? Because, as I've said many times before, it takes more than product to win a deal. That being said I believe ASND has some good upside, but believe me you'd be better served to look to the company and not the CEO to steer your fortunes on this one. Mory's a great guy, I've worked with him in the past and I truely respect him, however IMHO he's not the CEO of a multi-billion dollar company. I think they'll need a stronger visionary to take this company to the next level.

Gary (not Korn) <--- forgot that....I don't want to confuse anyone
<sorry Gary>