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 212.01

-0.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: vegetarian who wrote (11971)	9/12/1997 1:47:00 PM
From: marie fouchia	of 61433

I have no idea how low this can go or how much trouble this company is actually in, but as soon as the institutions finish their regurgitation, and there's the slightest hint of the negatives being "not so bad as expected", it will run up to the mid-40's EASILY--even if it is on much lower volume. And less than a year from now, it will be above 50, in my opinion. My point being, if you can afford to hang in there and not take a loss right now, it will turn out ok. The whole market is very shakey right now, and even Cisco has been dumping lately, so I don't think this one looks that bad. BUT who knows--it is always very risky to buy or hang on to stocks that have fallen out of favor. Good luck!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next