Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: SuperSonics who wrote (1462)	12/28/1996 9:32:00 AM
From: Dave von Hausen	of 61433

SuperSonics, Despite the fact that there is increase competition and the product lines may not be as broad as others, ASNDs PE will not go into the 20s and probably not in the 30s. The SOHO/remote access market has too much long term potential and ASND has proven itself. I will look at any technical breakdown as a excellent buying opportunity. If there is a breakdown, it will probably be short term because of ASND's high growth. I'm afraid to wait because long term it appears to be a good buy at this level. Dave

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