Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: thebeach who wrote (51206)	8/2/1998 10:35:00 AM
From: Bindusagar Reddy	Read Replies (4) \| Respond to of 61433

The beach, at least one respected analyst Paul Johnson is thinking with head and says "it makes perfect sense". This is the perfect opportunity to seperate the so so analysts and good analysts. Whoever calls this one right knows the industry better than other. Don't forget they are like CATTLE, one guy thinks it is right everybody reiterates and nod their heads. The first one gets the credit for calling it right. I think Paul J. of BAC/RS has called it right in the past. He was bullish when ASND was in 20s, saying that they are building the next generation TELCO networks and are winning major contracts with Big TELCOs, in his research he mentioned several wins that were announced later. Here is what paul said about STRATUS deal. Paul Johnson, technology analyst at BancAmerica Robertson Stephens, told The San Jose Mercury News that Ascend likes Stratus because it has expertise in making equipment to carry telephone conversations over networks based on Internet technology. Ascend has long said it wants to get into that market. "It makes perfect sense. Ascend has made itself very clear they want to be more of a player," he said. Most brokerage houses have not called anything yet, since it is not official, they will make their call after the annoncment. The price action depends what type of spin most brokerage houses put after the conferance call with analysts. That is where Mory has to sell his idea to the "sell side ANALysts who need spoon feeding because they can think with their heads." We hope two or three top brokerage houses like the deal. As for the last friday's action. I think we got rid of the last batch of "wimps" out of the stock who do n't belong in ASND and gave great opportunity for the new ones and we got rid of the sheep, (those who sell it just because it went down that is fear). I think Smart money did not sell. Whoever takes action without proper analysis of the fact is not smart in my opinion. BR