Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.06

+1.5%

12:05 PM EST

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To: joshi who wrote (28023)	12/16/1997 4:32:00 PM
From: vegetarian	Read Replies (1) of 61433

Possibly because the momentum guys have left it alone (which is good) and is not yet attractive for value investors; will need to wait for a few Q until ASND is able to show earnings growth. COMS has been going up, but I am not very positive on the outlook of COMS after options expiration because it may follow ASND's shoes; ASND had a pop to 35 at expiration from 30 when the warning was given and the it never looked up. So if it is any consolation you will probably see more network stocks (like CSCO) being hit in the future while ASND will consolidate. ASND will probably do well themselves in a years time.

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