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


To: Teddy who wrote (22083)11/8/1997 2:43:00 PM
From: mark alan rosenberg  Respond to of 61433
 
Edward,
Again. Anyone who has been in ASND for the last 1 1/2 years is
in a losing position. This is a time of conviction, and when
stocks go down like this a lot of investors start searching for the
answers. This company is still a leader in its field shared with
the big-guns like Cisco Systems, 3COMS, Bay Network, and FORE
Systems. There are other companies in the high-end network business
also. This is a very high growth area. They all have a chance to
share the pie. It is not a victor takes all situation, which a lot
of pessimistic investors are now looking at.
Maybe the stock will go lower, but even at a $30 value, it is
ultra cheap, based on future expectations.
Mark