Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.47

-4.5%

3:59 PM EST

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To: craig crawford who wrote (14684)	9/27/1997 1:52:00 PM
From: Tim Luke	of 61433

Craig, What I see happening with asnd (stock price wise) is that it is going to end up being the next IOMEGA. At one time iomega was the stock that everyone loved including the analyst and then it got the big wall st. door slammed in its face and nobody would touch the stock. Now its starting to come around again but it has taken a long time. I don't think asnd will take that long to start going back up, I'm guessing a min. of 6 months but for right now this stock is marked with a big red flag. I will give you a future example: IF asnd hits or even goes over the # this stock will still continue to trade down. Short term this stock is an ulcer waiting to happen, long term 8-months on you will bank a nice profit.

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