Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: Dennis R. Duke who wrote (45988)	5/4/1998 1:35:00 PM
From: gbh	Read Replies (1) of 61433

Dennis, do you think we might be seeing a top here because we are fairly valued (maybe even over valued somewhat) based on analyst's current estimates? Perhaps until we get get an upgrade with a significant earnings revision up, we may be at a top? I don't see analysts going out on a limb without guidance. And I don't see management guidance because they don't want to go out on a limb. Catch 22. What do you think? Trading range? That was the thread consensus a few weeks ago. We (not me, but others) were probably right. Gary

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