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

To: Mighty Mizzou who wrote (57361)	11/20/1998 10:05:00 AM
From: mrclinton	Read Replies (1) \| Respond to of 61433

Mizz, Please don't say things like that. You'll only upset Cisco Employees on the thread.

To: Mighty Mizzou who wrote (57361)	11/20/1998 10:23:00 AM
From: Mighty Mizzou	Respond to of 61433

Interesting tidbit on one of our customers... #reply-6493587

To: Mighty Mizzou who wrote (57361)	11/20/1998 10:49:00 AM
From: The Phoenix	Read Replies (1) \| Respond to of 61433

Mighty, If Cisco tanks the entire sector will be hurt... Not something I think any of us should wish for. Nonetheless I don't think investments in routers are going to tail off in any significant way... Perhaps traditional routing - but layer 3/4 switch routing will continue to fuel communications for tens of years into the future. OG

To: Mighty Mizzou who wrote (57361)	11/20/1998 1:15:00 PM
From: hitesh puri	Read Replies (1) \| Respond to of 61433

As per sources close to Ascend they beat Newbridge and Cisco (again) out. I am just wondering at what point does Wall Street start worrying about Ciscos inability to penetrate the high growth, high capital WAN switching carrier and telecom market. Except for Sprint (which was done in 1996) and the USWest deal I dont see them touting any other wins. True that they own the routers (8% growth), true they own the LAN switching market (20% growth and intense price and performance competition) but does management alone really warrant 50 + PE. If so then as Ascend management is close to regaining credibility (3 quarters of consistent growth, conservative approach and smooth CFO) I look to ASND trading close to 70 (45 times 1999 earnings) without Lucent buying them out. -hitesh