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Technology Stocks : Ascend Communications (ASND)
ASND 200.78-0.7%1:37 PM EST

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To: devil ray who wrote (43619)4/10/1998 2:47:00 PM
From: The Phoenix  Read Replies (1) of 61433
 
Devil,

Interesting point of view. I guess I wasn't that down on this pup...but I suppose you might be right. Earnings are a funny thing that can be manipulated to a certain degree...but what has me really concerned is their inability to grow revenues. Let's face it - they've been treading water for over a year while the competition has been on a tear. I guess Monday will be an interesting day. Many folks here believe the stock will be at 45 by weeks end... My guess is high 30's.

Gary
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