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


To: Mighty Mizzou who wrote (59978)2/17/1999 11:47:00 AM
From: Bindusagar Reddy  Read Replies (3) | Respond to of 61433
 
Chambers sees the future of severe network enterprise sending slow down second half of the year and is bailing out with 850000 shares worth 8.5 million bucks.

This will be a tough year for CSCO as their core business slows and will be unable to penetrate Telco against LU/ASND combo....

Go Mighty!!!!!

BR



To: Mighty Mizzou who wrote (59978)2/17/1999 12:24:00 PM
From: The Phoenix  Read Replies (2) | Respond to of 61433
 
MM,

I've got some tragic news for you.

If MSFT, DELL, INTC, and CSCO are going down...as you predict...then what makes you think LU/ASND will go the other way? And please spare me the carrier blather. I think we've already pointed out that CSCO is winning it's fair share of carrier contracts ... a list that's growing and continues to be ignored by you...or at least minimized. BTW: do you know what parts of the AT&T network and AT&T network futures will be CSCO? Have you investigated that???? You might be surprised....

Don't get me wrong. I like ASND... continue to own it actually. But if you think for a second that if the sector falls that ASND and LU will not follow you're sadly mistaken. We should be hoping and praying for sector strength. Hell, don't you want to make money? DO you really care if ASND or CSCO win? If you do then I propose that you have the incorrect mindset.... which so far appears to be the case.

OG