Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 197.59

-0.8%

Nov 7 9:30 AM EST

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To: Tim Luke who wrote (30441)	1/14/1998 9:09:00 PM
From: username	Read Replies (2) of 61433

< I doubt that asnd will trade over 40 this year unless they are bought out.> Tim, your statement is of interest to me. With regard to the above statement, and with all due respect, I gotta ask about these recent quotes from you: December 16, 1997; "Glenn, do you really think ASND will move up to 35/40 range just on meeting the projections? I will be glad to bet anyone that won't happen, if ASND isn't bought out by earnings this stock will still be at 30 or below AFTER earnings." [emphasis yours] Dec 17, 1997: Descending to the low 20s and if you think earnings will help you, you are only beating a dead horse." Dec 18; 1997; "ASND-sell" [ ASND Dec. 18 closed at 24 3/4] Jan 4, 1998; ".I think it should hit and stay above 30 within the next 60 days." Jan 10, 1998; "I think it should hit 30 in a month or two and end the year around 40 if they don't get bought out." Jan 13, 1998; (ASND) "targets: 6 month 30-38, 12 month 40-45" My question: am I missing something? pete

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