Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 216.57

+5.9%

Nov 17 3:59 PM EST

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To: Tim Luke who wrote (42826)	4/8/1998 2:12:00 PM
From: Greg h2o	Read Replies (1) of 61433

RE:<<I would agree but the stock is under valued and that will keep the price from falling even IF they don't meet the #.>> Under WHAT measurements? No, Tim, the stock was undervalued at 23...where you were saying to sell and run like hell. Now, it is bordering on being fairly valued given earnings growth prospects. Sure, we could see an upside surprise (I hope so because I still own 1/2 my shares), but if there is a negative surprise we could easily see the 20's (if the surprise is by more than a couple cents). Oh, if you want to see an undervalued networking stock, try MRVC (that's for you, Seth) regards, greg

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