Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 222.15

+2.2%

Feb 6 9:30 AM EST

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To: Brian Lin who wrote (8994)	8/15/1997 7:02:00 PM
From: Glenn D. Rudolph	of 61433

Money magazine predicts that we will see low 6000s by the year end before it resumes upward. Do you believe them? They make those prediction based on the assumption that earning will be slowing down for next two quarters. Not interest rate! Who knows. Brian, I disagree with Money Magazine. I certainly do not know. I am of the opinion we are done with the correction. There is too much money now on the side lines and a lot of funds and individuals will start bargain hunting. Asnd was doing fine today due to someone upgrade BAY. I do not see the connection of the upgrade of BAY to ASND. COMS, and CSCO were both way off. Glenn

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