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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: Tim Luke who wrote (28053)12/16/1997 10:29:00 PM
From: Glenn D. Rudolph   of 61433
 
With all do respect Glenn, do you really think asnd will move up to 35/40 range just on meeting the projections? I will be glad to bet anyone that won't happen, if asnd is'nt bought out by earnings this stock will still be at 30 or below AFTER earnings. Tim, I do feel the market will move ASND to 35-40 after earnings once visibility is more clear. The street really dislikes poor visibility and ASND sure suffers from that due to management. The weekly sales figues maintained internally ought to help and I feel the street will reward them. It is difficult to do these "remote" bets. I am game for something reasonable. Glenn
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