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: Scott who wrote (19473)	10/28/1997 5:31:00 PM
From: Tim Luke	Read Replies (3) of 61433

I know that you all will find this hard to believe but asnd will turn around, I think the best price you get for asnd will be about $50 and that will take 6-12 months if you want to wait. To me holding asnd is dead money if asnd was my only holding I would sell and take the loss and make it up elsewhere. The reason the stock is going nowhere is very simple, just take a look at the movers today the range varied from 2-10 per share. ASND is a tainted stock and no one wants to takea larg position in the stock. Its fair for day trading and that's about it, I posted weeks agostocks tha you could have made alot of money on tlab,mdco,coo,osi ect while asnd has gone down. I can't understand how some of you guys have so much faith in the company, wall st. controls this company and right now they want nothing to do with it. good luck I will add another cheap stock that will rise ( CY )

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