Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.96

-2.8%

Jan 9 9:30 AM EST

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To: Lisa A. Grabenbauer who wrote (9602)	8/23/1997 10:55:00 AM
From: Sector Investor	of 61433

<<Does anyone have a comment on the way the ASND 100 day chart looks. All of my other tech stock holdings have a chart consistant with growth (especially in the last three months). There is obviously a tug-of-war of opinion on the prospects for the combined entity of ASND and CSCC.>> Lisa, MHO is that this is not so much a tug-of-war on the ASND/CSCC prospects, as it is that the market has VERY short-term blinders on. First the 56K thing last quarter, now the 8-K thing this quarter have made the chart look like a yo-yo. From what I have read over the months, long-term prospects look super, and it will just take another 1-2 (hope 1) earnings statements to convince some very stubborn ANALysts of this. CSCC's prospects look every bit as strong as ASND's and both were strengthened by the merger. Once this "convincing" is done, this stock will make a new all time high, IMO. MHO is that if you buy and hold into next year you will be greatly rewarded.

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