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


To: michael modeme who wrote (47797)5/31/1998 10:36:00 AM
From: thebeach  Respond to of 61433
 
Good Day to all: Here is my prediction for the coming week.
Newbridge reports better than expected results by a wide margin and ASND and CSCO also take off in unison.The economic reports are mildly bullish and a rally ensues.By Friday NN,ASND,and CSCO are all up 5% or more.Lets see how I do.



To: michael modeme who wrote (47797)5/31/1998 11:40:00 AM
From: Mr. E2u  Read Replies (1) | Respond to of 61433
 
Michael

Off Topic

Thanks for the response. As far as I know coms fundamentals ARE intact. Their Long term debt is zero and they have about $900 million in cash. As you probably know they were stuffing there channels and had runaway expenses that were due in part to merger expenses and in part to mismanagement. It seems though that they are getting these issues under control. However, I do think that there problems are deeper and longer lasting than Ascend's problems are/were as is evident by the bargain sale that's going on now..

Could you be more specific about how cisco and Ascend "are kicking there butts" please....is it in market share? I really would like to know your opinion in greater detail. Thanks a lot.

Pheonix