Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Tim Luke who wrote (27234)	12/9/1997 3:54:00 PM
From: Sector Investor	Read Replies (1) of 61433

<<If what you say is true (fundamentals not rumors) then how come before the rumor asnd was: A. Low volume B. Trading below 25 After the Rumor: A. High volume B. Trading over 25>> Tim, you are missing the fact that when ASND said they were comfortable with Q4 the SECOND time, it is with two months of the quarter already "in the bag". Analysts that were skeptical before would tend to be convinced now. Remember Joel Noel's comment that "lots of people realized ASND was not going bancrupt". That day we turned a corner.

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