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

To: Matt Webster who wrote (40409)	3/20/1998 8:38:00 PM
From: john dodson	Read Replies (1) \| Respond to of 61433

Re: I agree that a warning will let us see the 20's again I agree that a warning would devistate ASND. In my mind they would deservedly lose ALL credibility. Based on everything Mory and company have said, like: 1. Comfortable with 2Q #'s 2. Comfortable with ENTIRE YEAR #'s 3. Strong guidance to have faith in ASND's numbers. If they miss this qtr, it's all back to square one again. I'm out for good if they do that. I'll go ahead and eat whatever loss I have then. Basically, if this happens either a. they lied, or b. they do not have control enough over their business to make such predictions (above). Either way, ASND would be devistated. Having said all of that, I don't think they'll miss the qtr. They'll go to great lengths to make it. They know what's riding on it: their credibility with the street. Here's hoping they reiterate confidence in the entire year's #'s like they did at last qtr's conference call. -John Dodson

To: Matt Webster who wrote (40409)	3/21/1998 3:00:00 AM
From: FrankInNYC	Read Replies (1) \| Respond to of 61433

Matt, I agree Ascend will be around 35 by next week. It's "window dressing" time for portfolio managers from here on until March 31st, so I see dogs like the semiconductors stocks and a select few in the networking group (such as Bay, CS, and COMS) heading lower. Aside from Cisco, Ascend looks to be making headway esp. among the ISPs, and provided there are no warnings (Peter Yang said it's safe after the 31st), we could be sipping champagne by month end. Actually, unless this dog goes to 40, I'll only be sipping cheap beer. P.S. Stay away from semiconductor-related stocks. Don't believe those bastards who call themselves analysts. They were so high on semiconductor stocks back in January and February when everyone knew the Koreans and Japanese were dumping chips below wholesale just to raise cash. How could MOT, MU, TXN compete with that? (TXN maybe, heavily into high-growth cellular DSP chips). Everyone in sector is cutting back, so I can't see a positive for equipment makers for awhile despite what analysts say are bargains. Look at them run with tail between their legs now as MU, MOT, and TXN have all missed.