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


To: sepku who wrote (20001)10/30/1997 7:38:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
I know I said I would never trade asnd again, but I think I will do ok on this trade. I'm looking to get in no more then 8 weeks max.

This could happen:

ASND is down more points then anyone would like to count, it in my opinion is at the bottom. What just might happen is a major firm start buying up the stock at this price ( a little window dressing before the end of the year) and then come out with a stong buy rating. This is all it will take to get this stock moving again and this will make the firm huge profits. Lets face it is a good company and they are not closing the doors and the profit potential on one upgrade are huge.

Tim- X has spoken