Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.29

-2.2%

Nov 19 3:59 PM EST

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To: Jeff Jordan who wrote (23039)	11/12/1997 9:18:00 PM
From: Johnathan C. Doe	Read Replies (2) of 61433

Jeff, it is not wise to become emotionally attached to a stock. Ascend is going lower IMO and I won't touch it at what I consider to be a very inflated valuation in a tech market just starting to melt down hard. Ascend will have problems for at least the next quarter and will likely disappoint again. COMS will also. There are problems that are real. Ascend isn't a horrible stock, it is just a stock that has traded for a long time way out into the future with rosy expectations that came true and now won't again. Given that, fair valuation as a regular stock as opposed to a momentum stock and a big money favorite is lower than where it is currently at.

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