Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.43

-0.2%

Dec 23 3:59 PM EST

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To: Tim Luke who wrote (16774)	10/7/1997 8:57:00 PM
From: RICK SCHINZEL	of 61433

Tim, I feel <and this is just my opinion> that asnd has save revenue for this quarter that wasn't previously counted. I also feel that Europe will get back on board this quarter and that ASND will close one or two more significant deals that have not been accounted for. When the market sees the earnings <which I have to believe will be in the 18-20 range> they will then set their eyes on the next quarter. I believe the cc will be positive and that the stock will close Friday no less than 38 area. In the coming weeks visibility will be better, upgrades will come and the stock will finally bust 40 and head for higher ground. I also agree that the shorts have too much to risk by not covering before earnings and that some may have started today. I realize I may have set myself up for you to bash me again but you asked a question and I gave an honest opinion. I would never try to tell someone to follow the opinion with their own money, they can read my opinion and take from it what they wish. I am very tired so I apologize for any typos.

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