Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 201.02

-0.7%

10:30 AM EST

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To: Peter Yang who wrote (12089)	9/12/1997 6:06:00 PM
From: Emile Vidrine	of 61433

"If those analysts can consistently predict the price movement of a stock, they won't be analysts any more and they are cruising on Caribbean and drinking champagne." Excellent insight!! Anal-ists do the dirty work of publicly upgrading and downgrading for their masters--the MMs institutions. It's all part of the game. There is an outside chance that there are deep fundamental problems with ASNS that none of us know about. The possbility of that is romote however. The market for remote access and internet products is exploding. Even the Feds will start pumping billion into it for Schools and libraries. A more probable scenario is that Asnd will integrate cscc in a couple of Qs and correct other minor problems and the upgrages will start pouring in after a couple of Qs. The worst scenario as far as shareholders are concerned is 20s or upper teens. My personal opinion is that Asnd will dip into the twenties for one or two days--maybe 25-30-and when the MMs are finish accumulating, Asnd goes back to 40+ in a couple of Qs. Time will tell. Emile

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