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Technology Stocks : Ascend Communications (ASND)
ASND 216.57+5.9%Nov 17 3:59 PM EST

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To: MMW who wrote (58543)1/10/1999 6:38:00 PM
From: Jim Ray  Read Replies (2) of 61433
 
<Combined with last quarter statement and insider sellings, it just paint a not creditable picture for ASND to be a big player in the future. I, too, take a wait and see attitude towards their stock. This thread has high hype for ASND. Just make sure that ASND is going to meet those high expectations!>

Mike,
I heard these arguments at $22 a share. $49 a share later you want to make sure that ASND meets the high expectations of this thread before investing in it. It may take a price of $300 a share to convince you of ASND's legitimacy, but having held 500 shares down to $22 and back up to $71+, In my opinion it seems pretty legitimate.
As for Stratus sale, they haven't sold it and the stock is at $71.Are you saying that if they don't sell by a certain date the stock is going to crash? Do you have a point to make or do you just want to trash the stock and this thread?

Thank you,
Jim Ray
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