Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 199.47

+1.1%

Nov 6 3:59 PM EST

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To: Jeff Briley who wrote (29463)	1/6/1998 3:25:00 AM
From: DX	Read Replies (1) of 61433

It might be a bad timing. ASND looks very bullish now. Its fundamentals have been dramatically improved:1) 56KFlex modems have been selling very well recently which bodes well for its RAS products; 2) its Frame Relay and ATM backbone products have been rolling out and dominated/leaded the industries; 3) it is going to announce to beat estimates for last quarter(Q4); 4) CC after earning report is going to illustrate a bright and rosy 1998. If everything goes as expected, ASND should hit $40 by Feb and $50~$60 by April. IMHO. Regards,

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