Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

3:59 PM EST

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To: udrider who wrote (41348)	3/28/1998 10:01:00 AM
From: The Phoenix	Read Replies (1) of 61433

Well udrider, You got what I would have guessed you have got here. You are a brave soul. I for one commend you.. Nonetheless, let me say this. If (big IF) ASND misses, by even the slightest margin, wall street is going to not take it well and this pup could tank. However, Mory and gang know this and know they can't afford to miss. So, my guess is (as I've heard repeated here multiple times) ASND's quarter is in the bag. Hitting their numbers also won't be enough I suspect however and again you _could_ be in the money. ASND will need to beat by a couple of pennies to hold onto this bull move...and I think the analysts believe that ASND is indeed going to post a strong quarter. You may want to cover your position a bit. JMO Gary (still not Korn)

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