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


To: thebeach who wrote (36532)2/26/1998 2:34:00 PM
From: Marcel  Read Replies (4) | Respond to of 61433
 
<<My own personal opinion is that ASND will be back to 80 by year end.

uh...I like ASND as much as the next person, but how do you justify, at $80, a mkt cap of $16B ?

regards



To: thebeach who wrote (36532)2/27/1998 9:59:00 AM
From: Greg h2o  Read Replies (1) | Respond to of 61433
 
RE:<<My own personal opinion is that
ASND will be back to 80 by year end.>>
Boy, sure do hope you're right. But then again, don't think I'd bet the farm on it being at 80 by year-end. That would be over a 200% return on the year. I mean, I realize stocks swing to excess in each direction, but I just don't see a rational reason to see 80 by year-end. Again, hope you're right and I'm wrong. I'm sure there's precedence there, somewhere <g>!
regards,
greg