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


To: P-san who wrote (40639)3/23/1998 11:30:00 PM
From: Falcon  Respond to of 61433
 
coms should be very much in line....cowen's upgrade on improving inventories and better acclimation of robotics leads them to think that the biggest woes are over for coms....



To: P-san who wrote (40639)3/23/1998 11:41:00 PM
From: Dennis R. Duke  Respond to of 61433
 
The way the stock behaved today I would guess they (COMS) will make the revised numbers. It was up around $2, indicating that whispers were going around. Then down around $2 in the early after market post CS warning, but finished the after market session only off a 1/2 at $34 5/8th the last trade I saw down from a closing of $35 1/8.

As to ASND in the after market. I could not get a print out of the actual transactions to add it up, but a Yahoo summed it up at 5,600 shares traded after hours. Apparently it was only the panic people. I would say at that low volume it means nothing to the real market traders.

COMS is after the bell tomorrow. The good press about the ASND new product releases, see the news only thread, should help the market remember what this company is about, and how we are different than CS.

Good luck to all of us.

Dennis