Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 217.17

+0.3%

Nov 18 3:59 PM EST

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To: gbh who wrote (56276)	10/20/1998 10:03:00 PM
From: Taby	of 61433

Today was an example of a coordinated manipulation of a stock by some analysts. I believe ASND will be near 60 by the end of November, reasons: 1. Strong future earnings and its position in the industry position 2. The realization that today's action was not justified 3. ASND will announce the sale of non-core assets 4. The possibility that it can be taken over any time. In any case, just the fact that it is very attractive for takeover does not let the stock to fall below these levels for long.

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