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Technology Stocks : Ascend Communications (ASND)
ASND 209.98+4.3%3:59 PM EST

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To: Maverick who wrote (12156)9/12/1997 10:41:00 PM
From: Emile Vidrine   of 61433
 
Maverick--You asked:
"What do you think the EPS would be this qtr ?
What would be the St. reaction if ASND makes 31, or 27 cents respectively ? What the downside here ? $32 or 28 ?"
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>>What do you think the EPS would be this qtr ?<<

With all the noise and original warning from CEO, I can give a guess
of .03-.08
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>>What would be the St. reaction if ASND makes 31, or 27 cents respectively ? <<
If the news media and the institutional analysts continue to build negative sentiment, we could get a final dip on annoucement of between 2-5 dollars.
I don't think the MMs will be able to get one of those 10-15 dollar dips on low volume out of ASND the way they have done numerous times on other stocks.. It's possible and maybe I'm wrong, but I think there's too much info out on ASND to pull the giant dip. If they do, it will be an excellent time to round out your holding in ASND. The big dips on low volume is the phantasy of all manipulating MMs.
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>>What the downside here ? $32 or 28<<

I personally believe that the downside is somewhere in the 20s--probably upper 20s. My machine is set to pull the trigger on ASND at any second, but I will admit that the terror and negative
vibrations that I get from investors on this thread tells me that the
tactics of the MMs and institutional downgraders are working lower and lower lows in people psychic. The quick drop in the last half hour today tells me that there will be a lot of panic sellers Monday morning. I think this is a little early. The strategy is to walk it down gently 1, 2, or 3 steps at a time continue to build the panic and then wamooooo. The manipulators may have to climax early on this one.
My opinion only, based on many similar experiences in the past.
I do have a sincere desire to warn the honest investor who work very hard for their bucks to avoid giving up their shares to the engineers of panic
Sometimes there are fundamental reasons for a co. to experience sudden and radical declines. I do not ses these fundamental reasons in ASND. There are serous negative in ASND but there are also many positives. The MMs and the Institutional analysts have artifically imposed An Epoch of Negativity upon ASND. The Epoch will continue until the vultures have cleaned her bones.

Regards

Emile
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