Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: Bill McCullen who wrote (1640)	1/17/1997 4:28:00 PM
From: LEUTHY	of 61433

To all, When Big shareholders say Buy, you should SELL . At this game, some people are winning what others are loosing. That's the rule. If a big shareholder says buy , you must understand buy from us (Smith Barney has a significant amount of shares). Otherwise, how will this big shareholders download all the shares they already have. 80 % is held by institutions and mutual funds. its a huge amount of money : $7 billion. Just some matter to think about : For three days, I have been following the intraday trades . I am very surprised to see that there are so many little blocks sold and bought : between 100 and 1000 shares. I have my very personal thoughts about what this could mean. But, an objective profesional trader could perhaps give us his thoughts. For those who believe in this stock. How much profit do you expect : 100 % within two years ? OK, its possible. Then ASCEND market Cap would be $17 billion. Why not ? Of course, considering the high volatility, I keep my position. In my opinion the probablity to see ASND at about $4 billion Market Cap in one year is much more important than to see it at $17 billion within two years.

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