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

To: The BayWatcher who wrote (23353)	11/14/1997 1:52:00 AM
From: sea_biscuit	Read Replies (1) \| Respond to of 61433

As far as ASND is concerned, the story so far is more about those who got in at high levels and either (a) got out at a loss, or (b) are trapped underwater right now, than about those who raked in the big money! It remains to be seen whether it will make 200-300% gains from here, or just languishes at these levels for a long while and most of the investors get timed out. My feeling is that even if it climbs out from here and makes it to decent levels, it will take its own sweet time to do so. The times of 40%-50% gains over a matter of months, if not weeks, are probably behind us now. Good Luck to you. Dipy.