Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

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To: Tim Luke who wrote (18215)	10/18/1997 6:21:00 PM
From: Andrew White	of 61433

<<<I'm not sure yet, there are alot of factors here. First off I'm just glad last week is over and CNBC stops talking about Black Monday, enough of that sh*t already. Second, if the rise in asnd last week was due to the rumor and that rumor proves to be false the stock will drop Again>>> Tim Luke Good, you bought up CNBC. I forgot about CNBC in my posts. Have you all noticed that CNBC didn't mention ASND once on Friday? They only touted IOM as a stock that was UP in a huge down market? Just imagine if CNBC started touting ASND again. I was really angered, once again, by CNBC on Friday. By everyright, ASND should have been shown over and over on CNBC. It was HUGE volume and the stock traded dramatically higher in such a down pour. Once again, CNBC has shown just how biased they are when touting stocks. But on the upside, they can't hold out forever. They will have to report about ASNDs increase sooner or later and when they do, it'll just add that much more fuel to the short-covering fire, once started. Tim, just admit it. You were wrong. It's time to come aboard the bullish camp. Over 40 by the end of the year is a non-event in my opinion. Hitting 50 before the end of December will be a nice event. Andy

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