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


To: Joe Pirate who wrote (21621)11/6/1997 7:11:00 PM
From: mark alan rosenberg  Respond to of 61433
 
Motley Fool jumps on the bandwagon too. When does it end? Notice
how cleverly worded all these media releases are on ASND, mentioning
the estimated consensus '98 earnings, but pulling off a negative
at the end of the release...to keep the investor thinking (negatively). Boy, they really are trying to scare out the small
investors from this level... getting us to feel like we are on
a sinking ship. It's incredible.
Some big investors want into this stock at cheaper levels... and
real bad.



To: Joe Pirate who wrote (21621)11/6/1997 7:12:00 PM
From: bob yahnke  Respond to of 61433
 
ASND might still have revenue growth but, pricing presures will be worse and net profits much lower. A return to the $30-40 range in 98 will be pushing it. I'm neither long or short this stock. Just a word from a realistic point of view.