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


To: Jan Crawley who wrote (38447)3/8/1998 9:56:00 PM
From: john dodson  Read Replies (1) | Respond to of 61433
 
Jan,

I don't disagree that this quarter is materially different from last summer's qtr. However, I still am uneasy that we went from the quarter being "in the bag" with "all the extra moving to the next qtr" to "backloaded." All I'm saying is that we've heard this song before. Hopefully it'll be different this time! At this point there is every reason to believe that it will be.

Now if IBM issues a profit warning that could be the final nail in the coffin for the forseeable future for techs, including ASND. Hopefully it could continue to claw its way upward in spite of the landscape. However, I much prefer to swim with the current rather than against it.

Good luck,

John Dodson