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


To: Inga who wrote (26292)12/5/1997 12:10:00 PM
From: Tim Luke  Respond to of 61433
 
<There is not much downside left assuming that the ruor does not materialize>

Lanny,

Not true, If this falls through the stock will fall to the low-mid 20's. This is all about the rumor not the earnings this is like the only hope investors can see. Just look at this thread who careswhat Mory said about earnings it won't be enough to keep this stock above 25 if the deal falls through.

I think its insane to hold this after the bell but if you listen to styleyou should hold because it will do the oppisite of what I say.

Just ask yourself is it worth the risk!

Good luck