Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: Tim Luke who wrote (27197)	12/9/1997 1:25:00 PM
From: Greg h2o	Read Replies (2) of 61433

Come on Tim, don't you think the stock is actually trading on its own merits right now-- not just a rumor? All bandwidth stocks rallied the day of the rumor-- not just ASND. ASND is rallying more because of their comments on earnings forecasts and the agreement on 56k than on the rumor of a buyout. Just admit that the company is undervalued at this level. I know you'd rather see large daily swings so you can day-trade, but this is a good long-term buy (I have an initial buy at 32 5/8 and added some at 23 1/4). I can't believe that all of the focus of the last 1,000 posts on this thread are about the rumor. Look at the rest of the facts. This is a good company that should flourish no matter what rumors float around and whether or not there is ultimately a buyout. regards greg

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