Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Jerry J. Kaczur who wrote (25073)	12/1/1997 6:58:00 PM
From: The BayWatcher	of 61433

IMHO the recent insider selling, loss of market share to competitors, and margin erosion due to greater competitiveness make predictions of doubling and tripling from a price of 25 very doubtful. Given significant insider selling in mid 20s, my guess is we haven't seen bottom yet. I'm looking for 18-19. IMHO, doubling from 18-19 in 1998 is achievable. P.S. I'm also looking for CS to bottom at 18-19 and another doubling in 1998.

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