Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 219.76

+1.5%

12:25 PM EST

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To: pass pass who wrote (22611)	11/11/1997 11:18:00 AM
From: bob yahnke	Read Replies (1) of 61433

Competition and pricing presures will hold this stock down for a long time. Mid teens is where I might consider buying. We will not see a $40,50,60,70 or even a $80 stock again. A buyout of around the $25 to $30 range might happen. Any higher, I don't think so with insiders selling in the low 30's. Time will tell.

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