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Technology Stocks : Ascend Communications (ASND)
ASND 200.28-1.0%3:59 PM EST
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To: Andreas Samson who wrote (30487)1/15/1998 12:57:00 AM
From: blankmind   of 61433
 
when they hit 1Q and 2Q estimates, I'll rejoin the flock... -- andreas

1. i believe asnd needs to beat 1q, to keep the mo'.

2. after asnd beats 1q, and announces it will at least match 2q, it will be to late to purchase this company. once mgmt confirms 2q earnings, to many momentum people will return and bring asnd around 40, not a point i would wan to buy.

3. do not tell any one, although i am long asnd, i would not purchase asnd above 30, although i feel much more comfortable with mgmt, certain analysts who were burned by asnd probably want paybacks.
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