Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

Dec 2 3:59 PM EST

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To: djane who wrote (47543)	5/27/1998 11:39:00 AM
From: djane	Read Replies (1) of 61433

Mid-7/98 ASND earnings report should be good. For long-term investors, low 40s are a nice gift. IMHO djane Nice little summary on MF thread boards.fool.com Subject: stock price Number: of 475 Author: gtej2345678 Date: 5/27/98 10:48:31 AM (ET) Buying opportunity now is occuring with Ascend. When the market stabilizes this stock will be one of the first to surge forward. June quarter should be fantastic as some new product revenue shipped in Q1 was held back for Q2. Also steadily winning new customers. Stock has been under accumulation for the past few months and any pullbacks have been fantastic buying opportunities. Just wait until the revenue starts showing up in the July report. Then the momentum investors should start moving in. After that you have the take over possibilities in Oct. by LU. If Ascend gets too high it may be shunned by LU and they may find a cheaper fit. Unless the market collapses through the end of the year I believe ASND will see $70 by years end. 10720ms WestWeb3

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