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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST

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To: Clay Takaya who wrote (50549)7/28/1998 9:18:00 PM
From: Philly714  Read Replies (1) of 61433
 
Clay,

I believe LU has a lot more room to drop than ASND in relation to where its price should be. LU has run up in the same fashion as CSCO, for the simple fact that both are well run, very outspoken and loved by the street. It is an interesting point to say ASND will go hand in hand with LU regarding stock price but with Ashby delivering on his promise of solid quarters (so far) I have to (want to) believe that the street is starting to realize that ASND is well positioned and with one more quarter like the last three it won't matter what LU decides to do.....

Philly714
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