Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.11

-1.6%

Dec 26 3:59 PM EST

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To: sepku who wrote (19065)	10/26/1997 8:21:00 PM
From: Gary Korn	Read Replies (1) of 61433

Glenn, Style, others, I'm wondering what ASND's relative strength means. Could it be that institutions are accumulating during the general market weakness? Or could it be from the accumulation of a prospective buyer? I can't believe that all of the relative strength is pure rumor related. Also, with many of the other networkers taking such a hit, their trailing p.e.'s have to become relatively more attractive, which in theory would lead ASND to be the weaker of the stocks in time. Any light you (or anyone else) can shed on this? Gary Korn

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