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


To: Jan Crawley who wrote (37588)3/4/1998 7:18:00 PM
From: michael modeme  Read Replies (1) | Respond to of 61433
 
I'd buy some call Leaps tomorrow if ASND goes on sale.



To: Jan Crawley who wrote (37588)3/4/1998 7:29:00 PM
From: pat mudge  Respond to of 61433
 
Jan --

There's another silver lining. CrosssKeys, the network management systems spin-off from NN, just announced record earnings after the close. For nine months net earnings went from a loss of $0 .5M to a gain of $3.1M. Third Q versus same quarter a year ago, net earnings were up 215%. Look at the stats:

crosskeys.com

Their systems are geared to ATM (as well as legacy TDM) so I would imagine this bodes well for the entire sector.

Actually, we already know ASND will have a good quarter. The fact that computer sales are down doesn't indicate anything for networkers other than they'd better hurry up and increase telco bandwidth so people will know what computers to buy.

Later --

Pat