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


To: Tim Luke who wrote (28053)12/16/1997 10:29:00 PM
From: Glenn D. Rudolph  Respond to of 61433
 
With all do respect Glenn, do you really think asnd will move up to 35/40 range just on meeting the projections? I will be glad to bet anyone that won't happen, if asnd is'nt bought out by earnings this stock will still be at 30 or below AFTER earnings. Tim, I do feel the market will move ASND to 35-40 after earnings once visibility is more clear. The street really dislikes poor visibility and ASND sure suffers from that due to management. The weekly sales figues maintained internally ought to help and I feel the street will reward them. It is difficult to do these "remote" bets. I am game for something reasonable. Glenn



To: Tim Luke who wrote (28053)12/16/1997 10:30:00 PM
From: Gary Korn  Read Replies (4) | Respond to of 61433
 
I will be glad to bet anyone that won't happen, if asnd is'nt bought out by earnings this stock will still be at 30 or below AFTER earnings.


Tim,

You are on! This stock will be at 30 or above after earnings (if not before). But, after earnings on 1/20 is the bet. How much you want to wager? How about a small token from wherever you live? I could send you a prickly pear, but I won't have to because I would not lose that bet.

Gary Korn

P.S. I haven't lost yet, but I'm going to lose my bet of 48 by 12/31. That was based on an acquisition happening by year-end. Problem is, I've no person on the other side of my bet.



To: Tim Luke who wrote (28053)12/16/1997 10:43:00 PM
From: sepku  Read Replies (2) | Respond to of 61433
 
>>>With all do respect Glenn, do you really think asnd will move up to 35/40 range just on meeting the projections? I will be glad to bet anyone that won't happen, if asnd is'nt bought out by earnings this stock will still be at 30 or below AFTER earnings.<<<

I will bet that ASND moves into the 35 -- 40+ range within Q1, after it beats expectations in Jan.

Style Pts.



To: Tim Luke who wrote (28053)12/17/1997 1:01:00 AM
From: blankmind  Read Replies (1) | Respond to of 61433
 
if asnd beats earnings br .03 or more than we shall hit 35 or better within a month. if asnd is over by .01 or .02 than we should see 29-33. if asnds only meets estimates we stay below 30. if asnd fails to meet estimates we see the teens or worse.