Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 216.92

+0.2%

3:59 PM EST

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To: Jurgen who wrote (37690)	3/5/1998 1:12:00 AM
From: Gary Korn	Read Replies (2) of 61433

From the INTC thread: To: Michelle Harris (49562 ) From: starpopper Thursday, Mar 5 1998 12:39AM EST Reply # of 49589 If Intel breaks 70 it will be the last great buying opportunity of the century for this baby! I will be gladly expanding my position at an aggressive rate at prices below $72! In 12-18 months I confidently see this rocket at $140, ESPECIALLY because of this news shock! Growth from these estimates should approach 50%-70% in 1999 quarters! Predictions of this stock breaking $65 are insane...there are billions of dollars waiting to pounce all over this puppy at $70! I wouldn't be surprised if INTC used this opportunity to announce a major move into networking in the next 2-4 weeks...what would the market think if INTC swallowed up an Ascend to add a higher growth product line to the mix! Their moves in networking have been sporadic to date, but I'm betting the farm that they see the wisdom of "Intel Inside" the network as well as the PC! $weet Dream$ $tarpopper

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