Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.72

+2.7%

12:01 PM EST

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To: Emile Vidrine who wrote (18578)	10/21/1997 6:29:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 61433

With the repricing of employee options, the CEO must feel pretty sure about 4Q earnings. We should get a report on Oct. sales in a couple of weeks. The new contracts should push Oct. 100+ with a corresponding increase in earnings. I believe the assumption the stock price has hit bottom with nowhere to go but up. I also believe they are shopping the company. Glenn

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