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


To: Gary Korn who wrote (31656)1/22/1998 11:11:00 AM
From: Tim Luke  Read Replies (2) | Respond to of 61433
 
ASND will make a small rally back by the end of the day. The MM know that the current value should be in the 30' and will want to pick up more shares before the weekend.

A close between "29 1/2 and 30" would be a big positive going intonext week.



To: Gary Korn who wrote (31656)1/22/1998 11:32:00 AM
From: pass pass  Read Replies (1) | Respond to of 61433
 
Gary, what's your view about BAY? Its price/sales is half of what ASND has. They are both in the high-end, high-margin business and BAY has a new CEO who has more credibility and experience than Ejabat (David House helped build Intel from a 70 million dollar company to now). I don't know much about BAY however so it'll be nice if you can comment.
Thank you.