Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.92

+3.5%

3:33 PM EST

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To: Jimbo Cobb who wrote (21721)	11/6/1997 11:46:00 PM
From: Mike Whalen	Read Replies (1) of 61433

It'll never see the teens. Don't be brainwashed by the shorts. They'll be holding their shorts when the BIG players creep up on them - and let me tell you the stock will pop so quick they'll wish they didn't wait for the teens. No way will the market allow this stock to hit a P/E that would be EXTREMELY low if the stock price were to hit the teens. No way. Re: a buyout. Just a lot of dreamers looking for the prince to come and save them from the evil marketplace. Buy the stock b/c it's has no where to go but up, not b/c of wishful thinking (e.g., buyout). IMHO

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