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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST

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To: Tim Luke who wrote (19499)10/28/1997 6:59:00 PM
From: Jeff Mills  Read Replies (1) of 61433
 
Tim Luke--

ASND hit a 52-week intraday and closing LOW today. I cannot figure out why you are still so bearish on this stock. Aren't you supposed to buy low, sell high? Now, more than ever, ASND is a HUGE takeOVER target. What are you going to say when you first read that ASND has been bought out for $50/share?

Don't be so negative on ASND at these prices. At $60, sure I would have agreed with you. But at $29.50, this is good value.
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