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

To: ricky who wrote (50028)	7/15/1998 8:36:00 AM
From: Dennis R. Duke	Respond to of 61433

OT Thank you. Looks like a pretty positive report. At least the insiders are buying rather than selling. The earnings or loss won't be pretty, but being near book value when most techs trade at about 5 to 6 times NBV, RDRT has potential to move. Seagate said last night in their CC that they will outsource more this quarter increasing from 7% to 12%. RDRT is doing their 2.1 program based on past notes. I am expecting a positive CC given the 6/11 Samsung and the 6/25 3.4 Maxtor qualifications. The 3.4 qualification is the first in the industry, as I understand it, so RDRT is now showing industry leadership. The 3 R&D adds from IBM, SEA and Kodak should also contribute to topics discussed in todays CC. But the above has nothing to do with ASND. I look for recovery in ASND's market price today. ML raised earnings and Joe Bellace is out with a report already. Later, Dennis