Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

Dec 2 3:59 PM EST

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To: Peter Yang who wrote (40494)	3/22/1998 2:07:00 PM
From: Jan Crawley	Read Replies (1) of 61433

I don't expect ASND to rise much next week, barring any significant news. The best it can do is to stablize in 31-34 for now. Peter, I feel pretty much the same way. Still influenced by the L-T holders mentality. I think that we should collectively watching Asnd's F/A developments very closely, take advantage of the market/technicl conditions if it occurs. In addition to holding/buying Asnd as one of the NW growth investments; October 98 is only 6 months away.... Think about it, if LU = $130 to $140 around Oct 98, and Asnd is trading in the 40ish; under the pooling interest method, LU can easily afford Asnd at the $50ish range... We have 6 month to complete our Feasibility study. :o) Thank you, Jan

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