Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.03

+0.4%

2:47 PM EST

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To: JustKirk who wrote (59659)	2/2/1999 6:04:00 PM
From: Mighty Mizzou	Read Replies (3) of 61433

You're very welcome Jane. Today showed some fundamental strength in ASND and LU. But we'll see how the market reacts to CSCO tomorrow. Probably not good considering it's vast run up and beating by only 1 cent. Plus the market has had one HECK of a run since October. I expect some consolidation the rest of this week going into next. So keep an eye on our little jewel. It might go down in sympathy but if the market perceives CSCO weakness due to ASND/LU then we could see either a holding pattern or a rise. If it rises, let your 300 rise with it and look for another diamond in the rough. I dont think it will rise much before the merger unless next earnings are a blowout, LU is richly valued as is. DO NOT EVER sell your 300 shares!!! It will be 600 soon. I will post when I get back into ASND with my play money. Just off the top of my head I would assume sometime in early March when prices rise in anticipation of earnings. I will NEVER sell my core holdings! GO ASND!!!!!!!!!!!

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