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: WBendus who wrote (9004)	8/15/1997 8:47:00 PM
From: Glenn D. Rudolph	of 61433

WBendus, We both agree on ASND being undervalued. I would more likely expect to see the S & P drop more than the NASDAQ. Many of the securities in the NASDAQ are inexpensive relative to growth rates. That is not true in the S&P. I do not believe there is much more downside risk in the NASDAQ but I have been wrong many times before. I believe the money will be shifting from companies like KO and G to firms in the NASDAQ. Time will tell of course. ASND really wanted to go up today until the market came flying down during the last hour. Glenn

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