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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: James A. Venooker who wrote (19260)10/27/1997 7:02:00 PM
From: Tim Luke  Read Replies (2) | Respond to of 61433
 
James- You asked me if I thought asnd was a steal at 28-29..

That depends on your time frame if you are talking 6 months I would say no, longer then that I would say yes.

I will give 3 stocks that you will do very well on and one of them is INDV the other 2 are MDCO and OSI. Do some research and you will see what I'm talking about. Both Marine and Outdoor were off today (but then again what was'nt)and are on a scale of 1-10 they are both 10's.



To: James A. Venooker who wrote (19260)10/27/1997 7:32:00 PM
From: Thanh T. Phung  Read Replies (2) | Respond to of 61433
 
Jamie,

This is still an expensive stock book value-wise ($4.41, according to yahoo -- biz.yahoo.com. I bought at $37 and thought it couldn't move much lower, but... :-(

bluecastle