Ascend (ASND) descending? Message Board

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Technology Stocks : Ascend (ASND) descending?

ASND 213.30

-0.1%

Jan 2 3:59 PM EST

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To: Tarek Kamil who wrote (146)	6/14/1996 1:47:00 PM
From: Matthew Shapiro	of 313

As you may have seen under charts, I have gotten into a nasty fight with anonymous bears, who mock the utility of fundamental information. Here is some fundamental information: estimates are way too low. Revenue will be $160-180M at least. Income $30-35M. On @ 125M shares, thats .24-.28. Current estimate is .19 with high of .20. See my message under 100-baggers: the market may get beat in the next week. Many are demoralized, and prices almost have to come down to generate renewed interest. It will not be the end of the world, as usual. Buying Ascend @$55-58 is a strong move. Matthew

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