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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: Captain James T. Kirk who wrote (28425)12/19/1997 8:59:00 PM
From: blankmind  Read Replies (1) of 61433
 
it is possible, that asnd is moving higher because cs and coms are tanking. if people want to purchase a networking stock, the choices are becoming slim if you want a stock that will make the quarters number. asnd may not be looking all that bad after making only .20 last quarter and it would appear asnd will beat the number this quarter, unlike cs and coms.

also asnd mgmt communicates with the street.

ofcourse the occasional rumor does not hurt.

if things hold we should be trading higher than coms by the end of january, and not just because coms is dropping but because asnd will rise.
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