Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 204.41

-1.0%

Nov 14 3:59 PM EST

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To: Satellite Mike who wrote (43597)	4/10/1998 12:36:00 PM
From: country boy	Read Replies (3) of 61433

<<<ASND's numbers were way better than 3Coms's and look how well 3Com did...>>> FWIW, ADBE had a huge runup right before earnings two weeks ago (similar to Asnd's) only to have a dismal report of current and future conditions, yet the stock hardly retraced at all, and certainly didn't crash, as it should have; the shorts (me included) are still scratching their heads. This market is not behaving "normally" by any means. I don't see how ASND could be hurt by such a good report by most accounts, when other stocks recently haven't been hurt by bad reports. Consensus on this thread seems to be 45 as a high next week to a low of 35. I think the actual action will lie inbetween with a slight upside from the present (hope so, as I'm long). CB

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