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

To: The Phoenix who wrote (56366)	10/22/1998 9:29:00 PM
From: Jack Whitley	Read Replies (1) \| Respond to of 61433

<<Once again it's not that they financed that has the market spooked...It's the assumption that this need for financing is an indicator of softness in the carrier markets. That's it. Why does everyone keep coming back to the fact they financed? It's not the dollars - it's the leading indicators this action assumes to provide....er...a...something like that.. :)>> It's not carrier markets (specifically interexchange carriers), its CLECs, and it is a piddling 8 million. I agree with Mory, these analysts are idiots, I have no respect for them. I guess LU floating WinStar (a CLEC) 2 BILLION means LU will get downgraded now. I hear these analysts make like 300 grand a year ? I wouldn't hire one to be my valet. jww