Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 202.96

-2.8%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Emile Vidrine who wrote (11586)	9/11/1997 11:52:00 AM
From: M.A. Miller	of 61433

I've followed Fore alot more than ASND, but I rechecked Fore's stock during last 6 months of turmoil. The low in Fore ($10 vs. current $20) came after the downgrades, after the earnings warning from the company (of which ASND's 8-k may be the same thing), and then on the day the company announced very poor, albeit expected results, the stock hit a low of $10+. I'm concerned that until the company speaks, we have not hit bottom. I'm thinking that the low is still out there (say $34 or $35) and is only going to be history when the company announces a warning or actual results in October. I'm waiting a bit longer, but only because I'm a short term options player. For long term investors I think you're OK buying here, even though it may go a bit lower. This reminds me of Cisco at $48 and Fore at $10.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next