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

To: djane who wrote (52037)	8/14/1998 12:14:00 AM
From: Bindusagar Reddy	Read Replies (2) \| Respond to of 61433

Can anyone comment on this Briefing.idiot comments about the NN. These are bunch of morons, have some stupid explanation for every move of a given a stock. Here it is "In an otherwise weak networking sector, Newbridge Networks (NN) was a notable standout, adding 2 1/8 on volume of 2.3 mln shares... BA Robertson Stephens reiterated its buy rating... Also helping was sense of optimism that NN will benefit from MCI Communication's Corp. withdrawal from a venture that some feared would have taken away business from Newbridge in favor of Ascend." I would think otherway that, by MCI merging with WCOM, plays into ASND hands, since WCOM is the single biggest customer year after year and quarter after quarter. Last quarter WCOM contributed to 13% of sales, that is 43 million dollars.(14 million dollars/month). Don't you think that MCI selling their internet backbone to C&W would necessitate them to buy more equipment and why would they buy another vendor, They simply would expand the present network, UUNET. Anyone with some thoughts on this one. BR