Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: DennisToo who wrote (27458)	12/10/1997 8:29:00 PM
From: swrdfsh	Read Replies (1) of 61433

<<Whats your take on asnd in the short window timeframe ?>> In spite of the new concers about Asia, I think the worst is over for ASND. Management seem to be getting on top of the Csscade integration and the problems they have had with product roll out. They also seem to have someone in place who will give reliable guidance. But, in this climate the big investors will need to see some solid proof before they start buying again and the stock moves higher. Hopefully that will happen in January. Unless there is a takeover we will probably spend most of the next month below $30. If ASND beats the earning est., it should gain some serious ground. If the tech market itself holds up, $35-$40 by February and $45-$50 by June seems realistic. If there is a takeover, I have a bottle in the refrigerator ready to be popped. That's my $.02. What do you think. swrdfsh

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