Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.61

+1.5%

3:10 PM EST

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To: IncredibleHult who wrote (28007)	12/16/1997 10:11:00 PM
From: Tim Luke	Read Replies (2) of 61433

There were a few posts today about why asnd did'nt follow upwards with the rest of the techs. The simple answer is: ASND will only move on rumors or facts (as in new owners) if you guys are waiting for earnings to move the stock higher (3 or more points) you better not hold your breath. You might as well forget about earnings even if they meet the number it won't help the stock. Everyone jumped on the stock thanks to Maria and now look at it. So to sum it all up get use to the below 30# earnings or not and pray for LU or someone to step up and buy the company.

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