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Technology Stocks : Ascend Communications (ASND)
ASND 206.52-1.2%Nov 25 3:59 PM EST

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To: Chi-X who wrote (21337)11/5/1997 10:00:00 PM
From: STOCKaHOLIC  Read Replies (1) of 61433
 
<<"Now CNBC at the 6:55pm recap, said ASND is a "Stock to Watch" tomorrow with the news of the single digit sequential sales growth. Uh oh.>>"

The Street.com leads off their Evening Update with "A warning from a sliding networker kicks off our post-close report (earnings estimates from First Call): " They're calling it a warning. Lookout BEloooooooowwwwwwwwwww.

As far as people dreaming of a take over. ASND will have to get in line behind other networkers in the junk pile (ex. SHVA). If someone is going to take this puppy over, they may as well wait for it to hit the teens. I heard the bulls saying this same crap (about buyouts) when ASND was trading in the low 40's.

Phil
"Know when to fold them. Know when to walk away" - Kenny Rogers
(and I hate country music)
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