SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tim Luke who wrote (42488)4/7/1998 11:45:00 AM
From: jnguyen  Read Replies (1) of 61433
 
Tim,

Do you see this stock will trade up to 40-42 range next week? IMHO, I think this one should trade around 42.5 by next Monday. With good prospects about the future, it may trade up to 46-48 range. Some of the announcement that I want to hear from the management heading into the conference call next week:

1. The 56K modems become ITU standard(modem-products-related accounts more than 50% of ASCEND's revenue)
2. The risk exposure to the Asian's crisis is minimal; while being offsets by the growth in Europe.
3. Confident to meet this fiscal year estimates.
4. Top this quarter's earning estimate by .03(my guessing #)
5. Willing to negotiate for the acquisition/merger if the price is right?

Regards,

jnguyen
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News