Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.72

+2.7%

12:01 PM EST

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To: pat mudge who wrote (40169)	3/19/1998 2:01:00 PM
From: blankmind	Read Replies (1) of 61433

i really believe the last 45 minutes of trading today will tell the story. i am looking at asnd over a longer period, and really believe asnd currently suffers from doubt and not fundamentals. if we assume 30 is the worse, what is the upside? i still do not believe we shall see 30, based on trading patterns, but will not be totally confident until end of the day. a couple of us have purchased at 31 1/2, your goal if you decide to purchase, is to purchase at a lower mark. i know to much about asnd to worry much, clearly this is shorts and small sellers selling now afraid asnd will go back to the 20's. as i stated earlier today, i would not be surprised if asnd finishes in positive territory.

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