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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: howard nguyen who wrote (217)6/25/1996 9:54:00 PM
From: Mike Chu   of 313
 
On another note... can anybody tell me if the 100K share trade
around noon today was a buy or a sell??

In terms of the drop from 50's to 30's, I venture my guess:
If earnings beat expectations on the other direction,
this would imply that the growth is slowing or ASND's
market share being snatched by somebody else. $3X would
equate to a PE of 50's to 70.

My two cents.

All in all, I am looking for a good quarter.
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