Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 204.11

+1.9%

1:38 PM EST

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To: Finder who wrote (16241)	10/3/1997 9:57:00 AM
From: Tim Luke	of 61433

Finder, I hate to tell you this because I'm a share holder also but you might as well forget about asnd for the rest of this year. Its going to take them atleast 4-6 months before the stock price will stay above 45, it will continue to trade in this range on into the new year. The bottom line now asnd is just a traders stock right now there are to many other companies where the MM are putting the clients money. Why risk buying asnd when you can buy a csco, tlab,pair ect. ect. and not get your clients pissed off at you. You have to understand one very important thing here the damage "will" carry over into next earnings. We at not at of the woods by a long shot this qt. and next qt. will notbe good. I'm just glad I don't own that many shares but that is what I get for buying a stock long that I only day trade. Just my f&#%*@ opinion

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