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

To: Taby who wrote (29631)1/7/1998 10:04:00 PM
From: Jeff Jordan  Read Replies (2) | Respond to of 61433
 

ASND up: Reason

Is that a question?

1. Increased earnings visibility
2. price breaks 50MA
3. WS over reacted in beating ASND to 20's
4. 40%+ growth in '98

my guess for 4Q is .27....1Q .30....2Q .33

I'm looking for $33 very soon!

Jeff



To: Taby who wrote (29631)1/7/1998 10:09:00 PM
From: Jim Lou  Respond to of 61433
 
In this crazy market, investing in any stock is like walking on a rope. Even that Rain Forest Cafe dropped like a rock this morning, it is just a cup of coffee, come on. Ascend seems to be a safe heaven, but you don't say it. Cuz the moment you say it, it rolls down from 80 plus to 20 and change. Well... what is Gary going to tell us?


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