Ascend (ASND) descending? Message Board

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Technology Stocks : Ascend (ASND) descending?

ASND 205.76

-4.4%

3:59 PM EST

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To: Deepak R. Ghosh who wrote (43)	5/10/1996 2:39:00 PM
From: Andy Riedel	of 313

I am new to this forum but nt to ASND itself. I first purchased ASND at a pre-split of $19, rode it to $27 and bailed thinking that it was a new unproven company and I'd better wait for it to prove itslef. Little did I know that it would skyrocket like it has. Well, I finallt decided enough was enough and got back in at $64 post-split. I believe the stock has quite a ways to go. It's earnings are stellar, it is in a rampant growth industry and the newly signed deal bewteen ASND, CSCO, and STRM should only increase the growth. I work for an Internet Gaming company and we spend quite a bit of time scouting potential ISP partners. Literally ALL of them were using ASND equipment! The stock IS participating in the rally. It is at all time highs. The difference is that it will be a TRUE growth stock. Hold it till 2000 and you will see. This sector (networking) will continue to outgrow all other computer related sectors for the next 5 years. Andy

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