Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Tim Luke who wrote (18607)	10/22/1997 12:33:00 AM
From: sepku	Read Replies (1) of 61433

>>>Now listen I know that you are getting real nervous because you know as well as I that you will be the one with egg in your face on 12/31/97 when asnd is say around 36-37.<<< The only way ASND will be around 36-37 on 12/31 is if they commit some grievous fundamental error AFTER holding around 45 or so. I don't believe I will be holding the stock until then, since my intention is to lock in profits the moment ASND becomes fairly valued based on its earnings growth -- this would be in the high 40s, by a simple guess based in my old calculations. But your original forecast is that ASND will not break 40 before year's end. And my forecast is that it certainly WILL break 40 before year's end. So the exact level ASND will trade at on New Year's Eve is irrelevent. >>>BTW since my calls are 8 times out of ten right on the money<<< Who says? >>>I want you to address me as Style Tim from now on.<<< That's about as silly as you addressing me as Luke Style-walker! Style Pts.

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