Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 196.81

-4.9%

3:59 PM EST

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To: Rajiv who wrote (26653)	12/6/1997 3:30:00 PM
From: blankmind	of 61433

nice analysis from the short position side on asnd and why people would continue to short, or add to their short position. i believe asnd will head to 30's even without the buyout because 1. asnd is already below many other networking companies p/e. 2. asnd will appears to be out of its doldrums, after one quarter (make quarter and year estimates), unlike coms (i can not explain) or cs. 3. mory is now talking to the street. ie he went to this last conference something that he skipped last quarter. as coms shows, a friendly street demeanor will help with the downside pressure. 4. upgrades are forthcoming (presumption on my part) 5. internet world starts monday, announcements and good feelings. next week should be an upweek because of this show. risky timing to short. 6. reputable cfo. 7. capt. kirks advisors seem to be conta indicators. now the capt is short. 8. new products. 9. new contracts. 10. law of averages, after 167 down trading days this year with 28 up days, we are due. (this is a joke - since not many (if anyone) sees my humor) good luck shorting some other company since i am long asnd, but htank you again for your analysis and insight.

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