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Technology Stocks : Ascend (ASND) descending?
ASND 213.41+1.9%Dec 31 3:59 PM EST

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To: Richard Rutenberg who wrote (161)6/22/1996 2:55:00 PM
From: Ingenious   of 313
 
rich, Nice web page.

I suppose if you have not bought yet it may be too late for the
best price. However, it is always safer to buy a "momentum"
stock like ASND on the way up. Personally, I bought in on ASND
very close to bottom and will hang on to it for awhile. I
like ASND because it has a good story - namely the Internet
story. Which (unlike the 3 bears story) is a *real* story going
on in the market place. Call up your phone carrier and ask
how long the wait list is for ISDN?? In the Silicon Valley
(where I am at) the wait list is quite suprising. Also,
make sure to ask which modems they recommend?? Most people
are using ASND. That may change, of course, but their revenue
indicates that it will not be soon.

As the Internet grows so will the infrastructure ASND is providing
and so willtheir revenue stream. A P/E > 100 on this stock
is an indication that this company has great upside potential.

Good luck,

Leland

PS

It looks like you are an Apple service vendor. What would you
do if Microsoft bought Apple (AAPL hit 22; below FMV of entire
company). Personally, if the anti trust division would not nix
the deal, I think there is a distinct possibility for this to occur.
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