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

To: Mighty Mizzou who wrote (57256)	11/17/1998 10:41:00 AM
From: hitesh puri	Read Replies (1) \| Respond to of 61433

What the big boys know is that most of the concerns plaguing ASND after their Q3 CC were recently answered abd dealt with further explanations in subsequent meetings with the management. The conclusion reached was that ASND is kicking Ciscos butt (among others) and they are being very conservative about other things (Gross margins, earnings etc..) 1999 will be another blockbuster year coupled with the likelihood that Mory and team are willing to be acquired around $72 to $75. That represents an upside of >35% and a down side of 15% which is not a bad risk/reward ratio. -hitesh