Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.15

-1.5%

Nov 20 3:59 PM EST

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To: Joe Pirate who wrote (22047)	11/8/1997 8:04:00 AM
From: The BayWatcher	Read Replies (1) of 61433

Hey Pirate: <ASND at 20 Bush said Ain't gonna do it>. Also said "Wouldn't be Prudent." But if by chance it happens, it would be one of the greatest bargains since Dell in mid 20's (pre-splits to Jan. 1996). I sincerely doubt it will ever get there and still think it is foolish to wait-- like those who waited for Dell to get to 20 but only got to mid 20s and then more than quadrupled. I agree that you cannot predict an absolute bottom, but any idiot should be able to see that ASND is EXTREMELY CLOSE to ABSOLUTE BOTTOM at 23-24. ASND will make a full recovery to its former high at 80 within 6-24 months. Seen it happen before with DELL, ALTR, INTC-- top companies like those and ASND always do. Too good for too long to stay too low.

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