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


To: HEXonX who wrote (24472)11/23/1997 5:20:00 PM
From: Jeff Jordan  Respond to of 61433
 
Steve, Whats your point?

Hex, Normally I would agree with your argument. I think its a matter of market timing/WS manipulation.

Ascent does not fit any technical profile I'm familuar with? You may be totally correct however, This is a very low multiple for a tech stock in an innovative growing industry. Given Ascend's market position and finanacial position my progressions are not unreasonable.

Another flux is a possible aquisition given the climate/price of Ascend.

JJ