Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 201.40

+2.3%

Dec 10 3:59 PM EST

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To: thebeach who wrote (48483)	6/9/1998 7:18:00 PM
From: Darren	Read Replies (2) of 61433

This stock is just now under accumulation by all the big players.Option expiry should be wild times and I would look for 55 as the target. Gee, I'm not so sure we can just tack on another 11% after two upgrades, two mergers, and some positive S&P news. It's not like the stock will support this price with earnings or anything, but hey, I hate to add even the most remote amount of logical reasoning to a price of $55. Perfectly happy to be wrong, but it's just beginning to sound like a s-t-r-e-e-e-e-t-c-h...

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