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


To: gbh who wrote (52497)8/21/1998 10:05:00 PM
From: Thomas M.  Respond to of 61433
 
TLAB's fundamentals have indeed declined significantly, but it's just started to dawn on Wall Street. The CIEN buyout was a defensive maneuver, because the cross-connect layer is starting to be phased out. I'm not saying TLAB isn't oversold here, though.

Tom