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Technology Stocks : Ascend Communications (ASND)
ASND 196.84-4.9%3:59 PM EST
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To: Gary Korn who wrote (22043)11/8/1997 1:19:00 AM
From: x-treme   of 61433
 
Everyone compares the current price ($24) to the all time high ($80). The stock moves in swings, it went to 80 from the $50 range and came back shortly now with a little bad news it will swing down to the low $20's possibly the teens but be back to the 40-50 range when the earnings are made in two months.

If you wait till january to sell then you will make a 100% return on what your shares are currently worth, now that's a good return.

I would like to know what everyone thinks asnd will be at if they meet there earnings. I say the low 40's.
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