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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: Darren who wrote (47609)5/28/1998 3:30:00 AM
From: MMW   of 61433
 
Hi Darren ,

If you only look at short term, it is possible that ASND will be
corrected further. But I believe the fundamental of the company is
a real engine driving the stock price. I don't really care what near
term stock price will do. In a 3 to 6 month time frame, I would
predict that ASND will hit $60. So, I would consider near term
correction providing a good buying opportunity. I wait until the
stock price drop below $40 if it goes that far.

Regards,
Mike
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