Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.83

-4.3%

Jan 16 9:30 AM EST

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To: Glenn D. Rudolph who wrote (10319)	9/2/1997 8:00:00 PM
From: Tim Luke	of 61433

Hi Glenn, I think that in the long run ( 3 months for coms and 6 months for asnd) you will do very well. But for the next 2 months I think asnd is going to be trading the way it has been in the last few weeks. I don't think asnd will make there number and that will drag down coms as well but after the earnings are released and IF they fall short the stock will drop hard and that is what I see happening. So if asnd falls to the mid 30's after earnings you will see a ton of buying of the stock and it could gain 10 points within a few weeks after earnings. Remember everyone is scared now thats why asnd was down today as soon as the news is out good or bad asnd will start its move back up but it won't happen until then. Its only my opinion

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