Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: James A. Venooker who wrote (19822)	10/30/1997 3:33:00 AM
From: Weekapaug	Read Replies (1) of 61433

James, I can offer you some comforting thoughts. I'm new to thread, I just bought my first 1k shares yesterday @ 28 9/16. IMO, we have just had an end to a climatic fall in asnd. Why? For the same reason it had a parobolic rise, expectations. It ran up uncontrolable with the belief of what I don't know? The stock was 5 or less a few years ago, adjusted for splits. IMO, after yesterdays upgrade of bay, its only time before asnd receives there own. The road back! Not easy. Will have to takeout most of the buyers on the way down. I can tell you that from personal experience. Who knows? Maybe something wonderful will happen, like a merger with someone else? The trend towards single service providers hasn't stopped yet. Would eliminate alot of expense. Maybe they haven't downsized enough yet? Ken

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