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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST

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To: Chris Steele who wrote (12098)9/12/1997 6:05:00 PM
From: WCMartin   of 61433
 
ASND: How low will it go?

This stock is expected to earn a revised $1.70 per share next year... sure there is some bad news and negative momentum, but bottom line this company has an excellent growth rate and a multiple that is very attractive. What kind of catalysts are out there that could turn this thing around? Personally, at around $30 I think you have to load up because when the next wave of tech momentum hits this stock will fly again.

Also... has anybody checked out ragingbull.com ? This is a new stock message board site that is totally free. It seems to have alot of potential.
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