Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Andreas Samson who wrote (21456)	11/6/1997 8:46:00 AM
From: Chi-X	Respond to of 61433

8:43am EST ASND $26 1/4 (gapping 1/4) - Joe Kernen covered ASND this morning on Squawk Box telling of ASND's single digit growth call for the next few quarters. Looks like ASND has gotten down as far as it's gonna get save perhaps another market correction. Cherio, Chi-X hath Spoken! "There shall be no wine, before its time."

To: Andreas Samson who wrote (21456)	11/6/1997 8:56:00 AM
From: Finder	Read Replies (2) \| Respond to of 61433

Gary Korn- Any premarket trading in either Ascend or 3Com? Thanks

To: Andreas Samson who wrote (21456)	11/6/1997 10:49:00 AM
From: Greg Jung	Read Replies (1) \| Respond to of 61433

Andreas that sounds about right - if the growth objectives are achieved. What they are based on, is anybody's guess: planned expansion of its customers' capacity? Market share x market growth ? Or a fortune teller in New Orleans. The growth expectation is ambituous but attainable, provided they can execute the technology, make the sales, and nothing happens to divert economy from its rosy growth scenario that seem to be back in vogue this week. The price deserves a stiff discount to your estimate because of the uncertainty surrounding these issues. Too bad I'm holding some. Greg