Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

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To: Sriram S. Konkipudi who wrote (22980)	11/12/1997 4:20:00 PM
From: Johnathan C. Doe	Read Replies (1) of 61433

The stock is up on some time specific good news, but the current in the networking stocks is strongly down and Ascend will cave in and follow them right down further. I have maintained that Ascend would join FORE in the low teens. We will see where it ends up over the next several weeks. Consolidations in the ISP companies and other factors make Ascend the wrong stock at the wrong time for the current price.

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