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Technology Stocks : Ascend Communications (ASND)
ASND 206.52-1.2%Nov 25 3:59 PM EST

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To: hal jordan who wrote (28306)12/18/1997 8:56:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 61433
 
Three years is an incredibly long time in this industry. Anything can happen. Maybe he thinks xDSL sales will kick in then. If the CEO really made this statement--it stinks. Hal, I doubt Mory does knows any more about how the market will treat Ascend's stock than many of us. He may have a better feel for the company's fundamental prospects although not a long ways out. The market treats stocks based on factors that often have no logic. Glenn
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