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Technology Stocks : Ascend Communications (ASND)
ASND 213.30-3.3%3:59 PM EST
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To: jeff conn who wrote (25012)12/1/1997 1:11:00 AM
From: satish kamat   of 61433
 
Street is an amazing place where Mory doesn't have to smoke to get $100 for ASND. All Mory has to do is bring bacon (+ ve surprises) home for next two quarters and street will do the rest. Remember, a comodity company called MU doing 90, down to 16 and then to 56 - all while DRAM prices were going down from $8/MB to $0.50/MB. At least with ASND, we are talking about a company with cutting edge product-line.
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