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Technology Stocks : Ascend (ASND) Traders
ASND 201.08+2.6%3:59 PM EST

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To: Stephen O'Hara who wrote (64)9/10/1997 10:22:00 AM
From: ItsAllCyclical   of 369
 
If you buy it be aware it may pull a 3com and go lower before it goes higher. However, at these levels I think the risk/reward ratio is great. You can always buy around 40 and close it out if it goes below 38 with very little downside risk. Long term over the next 2 years with both corporate networking and the internet and Ascend being the 3rd largest I don't think you can go wrong (60-80). IFMX - is that informix? I think Asnd management has also proven very capable. I'm not sure you can say that about informix.

I could also see Asnd or Bay being the target of yet another merger/takeover.

Remember this advice is worth what you paid for it.

Jim
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