Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.00

-0.6%

3:59 PM EST

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To: Tim Luke who wrote (18417)	10/20/1997 3:02:00 PM
From: sepku	of 61433

>>>The same as I have been saying for the last month, ASND WILL NOT outside of new owners (which I don't see happening) break and hold 40 until after the new year.<<< I see you had the sense to adjust your projection of ASND not breaking 40 within the year by adding the two key words: "and hold", to the equation. However, considering the time frame of your projection spanning the course of 2.5 months, I shall hold you to your original prediction -- minus the "and hold". Valid long term predictions aren't adjusted every few days just to go with the prevailing winds. I will assume you took into consideration the improving short-term technicals and their possible impact over the remainder of the year to ASND stock, before determining your projection accordingly. Let's see just how your original forceast 3 months in advance pans out as it stands in its unsoiled form -> Tim: "ASND will not break 40 within the year." Style Pts.

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