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Technology Stocks : Ascend Communications (ASND)
ASND 202.96-2.8%Jan 9 9:30 AM EST

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To: X208 who wrote (11595)9/11/1997 11:26:00 AM
From: Tim Luke   of 61433
 
I'm back!

I know after what I'm about to say you are for sure think I'm nuts but after banging my head into the wall over asnd I have new thoughts.

I think the stock is a STRONG buy right now this is an investor's dream downgrades , downgrades, downgrades. Listen not to harp or toot my own horn but I did say mid thirities. ok now that is said and done, this is the time to buy I think all the bad news is out the est. is lowered, the downgrades and the market is expecting asnd will not meet the #'s.

So I think if not late today or tomorrow there will be a buy recommendation issued and the stock will make a big jump. Even if there is no upgrade I think tomorrow will be a good day for asnd. The bad news is out now the guys will jump in and that might happen at the end of the day or in the morning.

I know this is a 180 for me and a bold statement but it is my opinion only.
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