Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.43

-0.2%

Dec 23 3:59 PM EST

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To: giles who wrote (9397)	8/20/1997 11:26:00 PM
From: Sector Investor	of 61433

<<If ASND makes 55 shortly, I feel it will then go down b/c I am certain that Cowen or UBS will just reiterate their "HOLD" advice and kill any rally as they have done time and time again for whatever reasons they may have.>> It may go down if it hits that level on normal profit taking, etc. but this NTT news IS BIG and even if they did it would be ignored, IMO. Their holds are mostly short-term in nature. Other than one worried about a slowdown in RAS (stupid) or CSCO's BFR (almost as dumb, as the product will take time to be tested, while ASND extends it's lead like with NTT), most agree that long-term prospects look great. I have to believe upgrades are coming as soon as this news is confirmed. Remember my posts on CSCC's other contracts - the next few years look awesome, IMO.

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