Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (42449)	4/6/1998 10:55:00 PM
From: Dennis R. Duke	Read Replies (1) of 61433

OT----> If you really think a correction is here, why not short this fuel cell stock for $10 down, or the approximate 8% correction and then reverse to a long. At 312.5 PE, I still think it is in outerspace where the technology came from. EPS forecast is worse next year than this year at as I recall -.61 and and -$1.14, respectively, with a sale of an operating unit accounting for this year's better [relatively] performance. If you like this, BAAT is cheaper....[and no I don't recommend BAAT] Dennis

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