Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 200.49

-0.9%

10:20 AM EST

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To: drdan who wrote (53862)	9/8/1998 8:29:00 PM
From: James A. Venooker	Read Replies (1) of 61433

Dear drdan, I believe there is much more upside to come. Earnings will be above estimates by 3-4 cents (typical Mory). Major contract announcements to come, these will be deals that primarily were made with LU, however, in my opinion, it's all but academic LU will move on ASND should the market continue to perform well and no major economic events occur. Further, as I have already said before, I believe Greenspan will ease rates by as much as .5 point! Look out ASND...next stop 60! Then LU on a .6 share swap, making ASND worth around 65-70 a share. Yes I believe LU will trade at or above 100 within the next two weeks. That is provided that no major economic or Worldly event occurs. Let's hope Clinton can keep his pants on for the ride! Good Luck, Jamie

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