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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: BBoron who wrote (12115)9/12/1997 7:50:00 PM
From: X208   of 61433
 
Reason #1:
Asnd has stated that they are comfortable with the numbers.
Reason#2:
We have no warning from the company.
Reason#3:
Don't you find it suspicious that as time goes on, each analyst gets lower with their expectations ?
Reason#4:
Most still maintain a buy rating and all state the problem, if any, is short term.
Resaon#5:
target prices exceed 54+
Reason #6:
Unlike Pairgain, which was a 40+ stock, Asnd was 80+, and we are about 50% behind now, just like Pair was when it was 15.
Reason#7:
At the current price, asnd has an attractive valuation.
And the final reason...................
when things are out, and the fears are proven unfounded, it will be too late.

Buy in the face of panic, sell during the periods of joy.
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