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

To: bucky89 who wrote (44076)	4/13/1998 7:14:00 PM
From: FUZFO	Read Replies (1) \| Respond to of 61433

from briefing.com for 4/14 Brief: What happened with Ascend (down 1/16 despite better than expected earnings)was an example of selling on the fact as stock had rallied sharply higher into the report on expectations of a good number... Stock did receive some support on news that UBS upped its rating to buy from hold, setting a target of 45... Rest of the industry was little changed amid anxious, pre-earnings trading.

To: bucky89 who wrote (44076)	4/13/1998 7:23:00 PM
From: The Phoenix	Respond to of 61433

From what I recall, they have mostly Stratacom Frame Relay Switches (AXIS & BPX). Maybe some Cascades mixed in.....and a ASND/CSCC backbone... It's difficult to say where the issue lies until the engineers get in there and find the culprit. Let's not start a rumor. I mean, do we even no for a fact what kind of problems AT&T is having? Is it that they are not able to deploy enough switches to keep up with demand? Is is core VC failures or buffer issues... point is we don't know...so let's stop speculating. OG