Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 200.78

-0.7%

1:37 PM EST

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To: Satyr who wrote (44540)	4/15/1998 11:47:00 PM
From: gbh	of 61433

Do you really feel that .26 justifies further movement. No, of course .26 doesn't justify further price movement, or even the movement to the current level. But you already know this. What does justify the current price, and further upward movement is the "expectation" by more and more long investors that next Q and the Q after that will showed continuing growth. And why this "expectation"? News like todays LCI announcement, more of which, are likely to follow in the weeks ahead. How about strong earnings from Xylan and Yurie, and likely Cisco. And, oh yes, the long rumored buyout always is there.

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