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

To: Jack Colton who wrote (38190)	3/7/1998 12:51:00 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 61433

If Intel announces and 170MM shares are traded because of "weaker than expected orders" - didn't that just tell the markets that Compaq, Dell, and all of the Manufacturers are going to be off their expected orders? I thought that was obvious. I also thought and still believe that the trading price of CPQ at 27 1/2 took this into account. It was trading at 35 not long ago. I suspect the market will be fine and CPQ will close around 27 1/2 on Monday. Glenn