Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.55

+1.2%

12:59 PM EST

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To: Dee Jay who wrote (1586)	1/16/1997 5:59:00 PM
From:	of 61433

Dee Jay, I know you are a long time supporter of ASND from reading the posts here. However, I think it is time to move on. You will not be able to make money on ASND at least for the short term, IMO. All people seeing is ASND made $.32/share and it looks really bad consider asnd is a hi p/e stock. CSCC had 4c growth last Quarter from .17 to .21 and the stock was down 15 points the next day and CSCC is down another 20 points from there. I can't predict what's going to happen tomorrow, but I don't see any reason the stock may go up in the next 3 months.

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