Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.03

-1.2%

10:13 AM EST

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To: Gary Korn who wrote (28149)	12/17/1997 6:41:00 PM
From: getgo234	Read Replies (2) of 61433

If my memory serves me correctly, ASND's stock price is back to the level where it was prior to the DMG conference where ASND management indicated that the company would meet 4th quarter and fy98 EPS estimates. I thought with visibility improving we would not revisit these price levels. Any comments ? Is the fact that ASND fell 9% today on relatively low volume a positive or negative ? Finally, are we likely to see tax loss selling right up to 12/31/97 ? Thanks for your comments.

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