Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.82

+0.6%

10:07 AM EST

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To: HMB Mikee who wrote (45537)	4/27/1998 9:30:00 PM
From: Darren	of 61433

Re: "Replace ASND with COMS?? Did anyone happen to notice the comment in Briefing.Com to the effect that this might be a good time to sell ASND and buy COMS? They note that COMS represents a safe haven for investors if the market continues to slide since it is at the low end of its 5-month trading range. They say that any upside break from this trading range would leave COMS well positioned to test mid-upper 40's. They go on to say that since ASND is up 65% YTD that it might be a good idea to sell ASND and buy COMS. Any thoughts out there? Mike" My feeling has always been COMS around 30 is a steal...one of the best bargains in the high-tech market right now, but you may have to wait a while for it to come around...and frankly, I think ASND 50 is realistic...

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