Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: Tim Luke who wrote (54336)	9/17/1998 4:39:00 PM
From: garrick le	Read Replies (1) of 61433

Your points is taken and your caution has some legitimacies. ASND could go down to 42 again next week if no buyers surface. Longer term,it 's a great company and its stock will rise over time.Even if ASND stays independent,with the explosion of the internet and the demand for internet bandwidth,plus VoIP technology 's getting popular,ASND will be a $100 stock in 2 years ,maybe sooner. SO short term,I agree we need to be a little cautious,but longer term ASND will perform beautifully for its investors. GL

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