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

To: Glenn D. Rudolph who wrote (33774)2/6/1998 8:32:00 PM
From: Jeff Jordan  Read Replies (2) | Respond to of 61433
 
The gains in ASND are getting harder and harder to justify
on a
fundamental basis.

Glenn, I totally agree ASND will not be near 40 by expiry. However, Its movement is a technical breakout. Based on the following fundamentals.

1. Asnd over sold to begin with.
2. income/growth/current contracts/visiblity
3. new product development/delivery

Jeff



To: Glenn D. Rudolph who wrote (33774)2/6/1998 8:57:00 PM
From: Maverick  Read Replies (2) | Respond to of 61433
 
ASND will release a press release on the AT&T contract. This press release might push the stock price a few points higher as it will reach more investors, IMHO.


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