Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.55

+1.2%

12:59 PM EST

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To: Mr. E2u who wrote (15486)	9/30/1997 11:36:00 AM
From: Randall Stern	of 61433

I agree that the stock LOOKS cheap here (especially long-term). However, I do hesitate to think that ALL of the news is really out. The only NEWS is that they missed a qtr (is that REALLY news?). They never mentioned margins, growth rate in future, is next qtr flat? These are things I need to be a confident longer-term investor. For the short-term, I will be looking at the indicators after the close today. (if I pay a little more tomorrow, I don't mind, it will be w/ a lot more confidence than I have right now.) Last nite my charts were still pointing down, and w/ all of this action today, the charts should be quite interesting. I will be back tonite to tell you my take!! Good Luck To You!!!

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