Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 204.41

-1.0%

Nov 14 9:30 AM EST

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To: craig crawford who wrote (30500)	1/15/1998 10:47:00 AM
From: Tim Luke	Read Replies (2) of 61433

Craig, I pointed out yesterday that asnd would see the high 20's again while most were saying mid 30's and up. All I'm trying to say is that asnd is a big day trader's stock and that alone will help keep the stock sideways. I hate to say this but I'm very scared with this market, In my opinion we are in for one bad ass correction. My guess it will happen within th first 6 months. The good news is I dont' think asnd will ever see low 20's again but most of the people own this stock well above 40, so its going to be another grueling year.

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