Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 3:59 PM EST

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To: sunfish who wrote (18609)	10/22/1997 9:50:00 AM
From: Jeffery E. Forrest	Read Replies (1) of 61433

Sorry for the possibly ignorant question, but why would ASND sell out at 48 We'd be VERY lucky to get 48 for our shares right now. That would be a pretty rich valuation. when it was recently near 80 and in all likelihood will return to that vicinity in the next year or so? VERY wishful thinking. You'll be fortunate to see your 48 dollar figure in a years time much less 80. Sorry but $80 in a year is a pipedream. Are the fundamentals so changed now from when it traded at 80? YES!!

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