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


To: Andreas Samson who wrote (30487)1/15/1998 12:57:00 AM
From: blankmind  Respond to of 61433
 
when they hit 1Q and 2Q estimates, I'll rejoin the flock... -- andreas

1. i believe asnd needs to beat 1q, to keep the mo'.

2. after asnd beats 1q, and announces it will at least match 2q, it will be to late to purchase this company. once mgmt confirms 2q earnings, to many momentum people will return and bring asnd around 40, not a point i would wan to buy.

3. do not tell any one, although i am long asnd, i would not purchase asnd above 30, although i feel much more comfortable with mgmt, certain analysts who were burned by asnd probably want paybacks.



To: Andreas Samson who wrote (30487)1/15/1998 1:12:00 AM
From: Inga  Respond to of 61433
 
I do not have more faith in ASND than any large high-tech companies. It is the business ASND in which makes it worthwhile to invest. It is basically one's interpretation of the risk/reward scenario. Long ASND now is riskier but the reward (or loss recovery <VBG>) can be substantial. Rejoining the flock after Q1 or Q2 may be more visible (not necessarily less riskier) but the profit potential is greatly reduced due to high stock price to enter. Good luck to your investment decisions and strategies.