Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Howard S. who wrote (12694)	9/15/1997 1:40:00 PM
From: Jeff Mills	of 61433

<<Jeff, at what point are you a buyer?>> I feel entrance at $28 or below is exceptional value. I stated that I felt the stock could hit $26 1/2 on a low, valuing the company at $5 Billion dollars. This is a trader's stock right now. As a long, I do feel I can get a better price than $32 over the next few days. I would commit long term capital at prices of $28 and below and would feel comfortable holding the stock, even if it traded into the low $20s. Jeff Mills P.S. The market always over-reacts to stories like this. The way things have unfolded here reminds me of what happened to COMS when it hit $24 on the low. Recall, the stock raced to $56+, only 90-100 days later.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next