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


To: Jan Crawley who wrote (32491)1/29/1998 2:11:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 61433
 
ASND - From $29 to $35 - 20% gain in 6 months ( plus buy-out bonus.)

CSCO - From $65 to $80 - 20% gain in 6 months ? (Maybe;
and most likely one can get in below $65 in the next
month.)


I agree that since ASND is trading off 60% is has potentially more upside BUT where is it?

Second, Cisco is not at 65...it's at 64 and has never been at 65 (post split). Furthermore an investment in Cisco a week ago at 55 would already have you at near your 20% gain...and it apparenlty is continuing to ride up. A week ago ASND was still at 28/29 - It's gone nowhere.

Gary