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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST
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To: Joe Pirate who wrote (14813)9/29/1997 9:56:00 AM
From: Chuzzlewit   of 61433
 
Hi Joe, I missed your insane humor. As to ASND: I think this is a solid company with excellent growth prospects. Current quarter earnings may be a very short-term problem. The stock seems to be on a lot of analysts' s**t-list for very flimsy reasons, and Barron's did a hatchet job on the company using very twisted reasoning. While the price could go down somewhat near-term, I think any price around the current one is an excellent entry-point.

I don't know how long it will take for ASND to begin to fly, but I am certain that it will ... it's just a matter of time and regaining the Street's confidence.

Regards,

Paul

P.S. I'd be surprised if the Mariners can get past Baltimore -- we have very shaky relief pitching but our hitting is awesome!
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