Ascend Communications (ASND) Message Board

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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 (50596)	7/29/1998 1:02:00 PM
From: Philly714	Read Replies (1) of 61433

To all: If you want to look at something that exemplifies this current market check out TNL. This company has been around for quite awhile and is very old school. They came out with earnings Monday after market and their stock had closed at 38 and change. Tuesday morning the stock opened down 14 points ! Currently trading at 23 and change and I can't see the reasoning. Everyone is going nuts over this ASIA "crisis" but it appears to me that buying opportunities abound. TNL is just one example, but it is one that really stands out. AAIR is another (old Valujet), they have finally turned the corner and started making money once again (160% increase over last year/.16 share earnings) and their stock goes down ???? I give up !!!

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