Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.59

+4.1%

Dec 4 3:59 PM EST

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To: blankmind who wrote (39561)	3/17/1998 2:36:00 PM
From: lin huan chen	Read Replies (1) of 61433

To all: Last few months I saw some outrageous predictions about ASND. I have 3000 shares now (average 24 3/4). It was a value play then but not anymore. If ASND get acquired, 8 ~ 10 X sales usually, the price will be 45 top. If it meets and beats estimates for next 2 Q, it probably worth 40. So be realistic, sell naked puts like Glenn, you will be better off. JMO Lin

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