Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: Tim Luke who wrote (36549)	2/26/1998 7:20:00 PM
From: Inga	Read Replies (2) of 61433

this will be a $60 stock this year. Thank you for your bullish view. I guess in this stock market, perception of reality is more important than reality itself. As more and more traders and investors become optimistic with the future of Ascend, more buying pressure takes the stock price higher steadily. The short interest would also reduce and therefore less selling pressure. I did purchase 2700 shares in 08/97 at 54-55 average. With my new purchase lot at 25-28 range in Dec-Jan, my break even point is around 42-43 so I think it is becoming reality that I may be able to take my wife out to celebrate this March. Just hope that we can celebrate a bit early. Good luck to all of us.

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