Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 196.81

-4.9%

Dec 9 3:59 PM EST

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To: Tim Luke who wrote (33575)	2/5/1998 9:39:00 PM
From: FUZFO	Read Replies (2) of 61433

Hello Guys, First time poster , long time lurker. Been in ascend up to my ears since mid-august, still holding from 47 3/8, 41 1/8 and late oct I think @ 29 1/8. Now trying to trade it the way up (had some cash left for trading). Have made some good 1day to 1 week trades in the $25 - 29 range for a few points each time recently. Now holding 750 @ 29 3/8 for short term trade. Finally I think we are making some headway as many of you have pointed out so well that this may be the year for ATM, revenues will be better "managed" to make for better Q-Q visibility etc. FWIW I believe that conservatively we should see $1.19 x 30 = $35 3/4 to $1.19 x 35 = $41 5/8 some time this year when street starts more fully realizing FY98. Mean time I still get value out of everyones short term and longer term "opinions" since it is a measure of informed investors market psychology, it is a factor. Tim, if I may, your day to day calls have been pretty darn close lately, I don't mind at all if you throw them up on the thread. I nearly fell out of my chair when I looked at briefing.com tonight they mention again buyout rumors. I didn't see or hear this (this week) from anyone else but Tim Luke. Profit taking day tomorrow? Or was 33 1/2 this weeks high? BTW I must figure out how to post a link from another site. Wiedersehen! Fuzfo

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