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: gbh who wrote (47957)	6/3/1998 5:55:00 PM
From: Darren	Read Replies (1) of 61433

Very interesting on the ASND and COMS. I have always liked COMS, but you have a point about the "retail" aspect of their business. The positive is that businesses still need net cards in the machines that they are buying and COMS does have a good foot-hold in ISDN/56K modems which are/will be the high volume low end. I can't say that it was obvious, but the market did tank this afternoon. I hope the second bottom isn't being established yet; I'm not really ready. On the other hand, we are at 1075 on S&P again, and we can't go much lower before someone is going to call this the beginning of a "bear" market. BTW, I think you'll get ASND at 39 and change before options expiration if you want more. MM's are just trying to scare the piss out of the small guy right now, but even they can't manipulate earnings and earnings are good (not great) industry wide.

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