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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Gary Korn who wrote (14967)9/29/1997 6:55:00 PM
From: Scott   of 61433
 
I hate to say this..but without any earnings grth numbers to forcast with..if we assume..15-20 year over year earnings grth..Which I would have said was impossible..we could see a stock trading at about $20..

The fact that I am saying this and looking at such neg downside also says..that their is a good chance that the bad news is out and we should see a bottom in the next few weeks..But I would not be surprised if this stock trades down into earnings..past what ever downside we see tomorrow...I don't expect much comments from ASND..so we are back to the vaccum..no facts to base desisions on..
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