Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 217.17

+0.3%

Nov 18 3:59 PM EST

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To: Jan Crawley who wrote (37671)	3/4/1998 10:47:00 PM
From: Sector Investor	Read Replies (2) of 61433

<<We thought that we will bring you out from HIDDING.>> I never HIDD <VBG> By the way, what IS HIDDING? Seriously, what's to say? ASND's fundamentals are just as strong right now as they were on Friday morning. Stronger actually, because of this week's announcements. No stocks go straight up over 15 points ($23-$38) without a pullback of some kind. This is actually "healthy" for ASND. The street knows ASND will make Q1 and is comfortable with $1.15-$1.20 for 1998. What they don't know yet is just how conservative those estimates really are. I think AT LEAST 10% low (you do the math). This month, a LOT of good news will come out - some of which could move the stock back up to Friday's level in 1-2 days. Money has to go somewhere - and ASND is SAFE in 1998. Don't worry, be happy.

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