Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.75

+4.2%

3:12 PM EST

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To: Dan who wrote (14997)	9/29/1997 9:03:00 PM
From: hal jordan	of 61433

If ASND does fall into the 20's--the low 20's-it still may not be the right time to buy. October is around the corner and we could see an ugly market in general. On the other hand, if ASND does get raked over the coals, maybe that would be the perfect time to buy leaps. If the stock falls into the low 20's, and cannot rebound to at least 30 by Jan '99, it would probably not pay to purchase the stock outright. Give me low 20's and leaps to make a killing in a year. Hal

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