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


To: Glenn D. Rudolph who wrote (31547)1/21/1998 9:09:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
Glenn,

I agree with you that at this time asnd is a fair value stock, even though I won't trade the stock anymore I think it is a buy. If you have read my posts I have been saying that asnd will never see the low 20's again. It just won't be like oldtimes when asnd and coms were making big gains.

But as a long term investment asnd is a good stock to own, there is very little downside on the stock from here on out. It is just going to be a slow mover in my opinion. I don't think it will go pass 45 this year, so if you own the stock at this price or lower you have a good investment. But I think that many people on this thread are in much higher and that is where all my negativity comes in.