Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.98

-1.8%

Dec 26 9:30 AM EST

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To: dky who wrote (16613)	10/7/1997 9:49:00 AM
From: Tim Luke	of 61433

DKY, Its pretty simple in my opinon, first off I still believe asnd will fall under the .18. Even if they report above .18 they are still 6 months from any substantial gains from here. The conference call will be the key here, I think it will be somewhat negative about the future earnings. Another reason the stock will stay flat is because its the MM that can move this stock, not the little guys. So I can't see these guys risking investing in asnd before the end of the year when there are so many other stocks that will show them great gains. It the long run as I said before don't expect asnd to stay above 40 for atleast 4 months from now. But 6-12 months I think asnd can get it back together and head much higher. How can you not believe with this much trouble that it won't carry over into next qt's earnings it has too. And thats what I believe will come out of the conference call and that is going to hurt the stock even further. So to sum it up forget about the next 4-6 months this stock will have a range of 30-40 and that is it. After that it should do very well, I know that I'm very negative and some people on this thread say its because I'm shorting the stock. This is false I never shorted a stock and I never talked of shorting all the time I have been on SI. This is my opinion only and you can bash me if you want. But if you think the trouble is over and the stock is going to soar from here then you better buy all you can. Just be careful you just might be sitting on alot of shares for awhile. Better Picks: COMS PAIR TLAB MDCO ADBE CSCO

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