Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.15

-1.5%

3:59 PM EST

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To: djane who wrote (36816)	2/28/1998 11:08:00 PM
From: jach	Read Replies (2) of 61433

<<my crystal ball has ASND trading at $60/share (conservative estimate) on 12/31/88 based on excellent 2H98 earnings and higher 1999 estimates. ASND is perfectly positioned for the next 3-5 years. Its business prospects look excellent after the growing/merger pains in 1997.>> seems like the crystal ball has some side mirrors missing; didn't see competitions coming from all angles - cisco with the AS5800, the new switches from startups such as Argon (http://www.argon.com), and who knows what cisco and 3com might release next week or next month. Most of the high-tech crystal balls that I heard of, only can tell for the next 3 to 6 months and then only in a fairly accurate way of 70%. In this very fast moving Internet high-technology game, 3 to 5 yrs is a lonnng time -

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