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: Christopher Reed who wrote (54012)	9/10/1998 12:43:00 PM
From: JH	Read Replies (1) of 61433

ASND and COMS are being supported by news that Ericsson is still shopping for networking companies to fulfill their strategic objective of supplying carrier class equipment to the telecoms. IMHO, rumors alone will not hold ASND up when the market collapses again in the wake of upcoming earnings shortfall preannouncements. ASND will rally in earnest during the last week of September, leading up to Oct. 1st's shopping date for LU. Until then, we've got three weeks, and I believe ASND will see $35 again amidst a market-wide selloff.

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