Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

Dec 2 3:59 PM EST

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To: Tim Luke who wrote (55448)	10/7/1998 2:17:00 PM
From: gbh	of 61433

<i.and you call this good times? Certainly not from a stock price perspective. But from a fundamentals view, now is a great time to sell. Company has many strong quarters behind it, and (apparently) at least a few more good ones in front. If Mory waits too long (just because his stock is low now), the fundamental picture could change. Selling from a a weak fundamental position is not pretty (just ask Nettles frm CIEN). Market is telling him his stock is worth 35 (very close to future growth rate), not the inflated 50-55 of a couple months ago. It seems all stocks are being re-priced to their growth rates now. DELL and MSFT will be the last to go... CSCO is already about there.

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