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


To: Tim Luke who wrote (57990)12/8/1998 1:13:00 AM
From: Bindusagar Reddy  Read Replies (1) | Respond to of 61433
 
If that happens, I would accumulate more as Merril Lynch says. From today's visit I am more bullish than before. They are in great position for next 12-24 months. It is ASND's game to loose, not CSCO's.
Wallstreet will get blindsided by CSCO. They think it is CSCO that will take center stage, but ASND will take center stage in 1999 and CSCO takes a back seat, and do they catch up...struggling to keep the growth in enterprise and unable to compete in the new markets. That makes 1999 an interesting year to watch.

Anything can happen in technology. Boats become ships and SHIPS become boats in 12 months. Look at AOL buying NSCP. When NSCP was flying high AOL was a small company. Now AOL buys NSCP for pocket changes in stock deal 0.4 shares. Amazing.

Another example WCOM buying MCI. When WCOM was a startup MCI was already a multi billion dollar company.

BR