Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.27

-2.4%

12:40 PM EST

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To: The Phoenix who wrote (32780)	2/1/1998 12:49:00 PM
From: sepku	Read Replies (3) of 61433

>>>A few good quarters will bring them up as much as 50% possibly, but they'll need perhaps 8 good quarters to get back to their all time high. Would you agree?<<< I still believe my guess on Jan 1, that ASND will double CSCO's % returns for 1998, will easily hold true. And % returns is all that matters...unless you're an employee of either company and your job is linked to its ultimate success (or lack thereof). The analysts' outlook on ASND has finally tapered off from the overwhelming negativity since mid-July, and seems to now be neutral wait-and-see. With another good Q, sentiment should swing to the positive and ASND could easily see 50 within the year. Who would buy/hold ASND to it's all-time high? I sure wouldn't. 50 for a 50% return, and I'm out. Street sentiment on this stock waffles too much for my liking. I still say that between ASND and CSCO, ASND is the better investment of the two for 1998 -- that is, if you're looking for maximized returns. People looking for mediocre returns need not apply... Style Pts.

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