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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: David Jones who wrote (39871)3/18/1998 5:53:00 PM
From: blankmind  Read Replies (2) of 61433
 
asnd has had a very good run this year, and now that we have a small pullback everyone assumes that there must be bad information we do not know about. in reality, the bad information has come from other networking stocks, and asnd has suffered also.

hopefully people will consider if the fundamentals of asnd has changed or the fundamentals of some other network stocks, and asnd is just a casualty of the other networkers.

if i am correct and the shorts are targeting asnd again for another ride, and hopefull that asnd will miss earnings, we shall see a nice upward swing shortly as positions unwind and people believe asnd will not miss earnings.

keep venting, you make some of your best arguments when you vent.
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