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: uu who wrote (31252)	1/20/1998 5:45:00 PM
From: The Phoenix	Read Replies (2) of 61433

Well because in order to get to $50 it first needs to get to $40! Addi: That was funny.... Now, perhaps someone that has a clue would like to respond. I haven't seen any signs that Ascend is going to improve its market position relative to other networkers. If we're going to point to hiring as an example...well, IMO that's weak. Hey, desperate times bring desperate measures. So, where's the beef in this baby? I see some significant jawboning on the part of the executives to somehow protect the remaining equity they have in the stock, but when it comes to either margin improvement or increased revenues... what can we point to to give us confidence that this isn't a short term, rose colored glasses, spike in the stock price. Will it continue from here or slam back down. So, back to my original question. What makes this stock go to $40. Addi, are you happier now that I elaborated? Gary

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