Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 199.63

-1.4%

Dec 18 3:59 PM EST

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To: Gary Korn who wrote (11574)	9/11/1997 10:33:00 AM
From: kvogel	of 61433

With the volume of the past week and today's huge volume a bottom is being formed. Stock could get down to 35-36 but even institutions know the stock will move higher. Many of the European sales which are missed in this quarter will be completed next quarter thereby giving earnings a bounce. This should enhance EPS next quarter while some analysts are lowering EPS for next quarter. Clearly a good time to buy! Karl

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