Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 215.19

+3.0%

Jan 13 3:59 PM EST

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To: Peter Yang who wrote (10901)	9/9/1997 11:00:00 AM
From: sepku	of 61433

Well, we just saw 39 15/16...not good. ASND better have a kick-ass presentation at 2pm, or we're in for a rough week. I'm wondering whether the down pressure is related to worries that ASND may announce concern over meeting the Q est at this meeting... If the presentation is upbeat, we could very well take this as a positive sign that all is better than it appears...this will be the last chance for management to pre-announce an earnings shortfall before the 1-month "quiet period" is entered. I'm assuming, of course, that ASND holds to this policy. The last 2 hours of trading will tell all and set the trend for the next couple weeks in my opinion. Style Pts.

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