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

To: The Phoenix who wrote (31248)	1/20/1998 5:42:00 PM
From: uu	Read Replies (1) \| Respond to of 61433

> Why does everyone here think Ascend is moving to $40??? Well because in order to get to $50 it first needs to get to $40!

To: The Phoenix who wrote (31248)	1/20/1998 5:43:00 PM
From: Sector Investor	Respond to of 61433

<<Why does everyone here think Ascend is moving to $40??? >> The street took ASND way too low in reaction to a bad, but still positive Q3. The street is just now realizing this. ASND in today's CC is again practically guaranteeing $1.16+ for 1998. Given Asia, how many other companies (tech or not) have said this or can say this? Unless funds move to cash, they have to put money somewhere, and ASND looks very safe for 1998 right now - market correction or not.