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


To: Eric E who wrote (39122)3/13/1998 10:13:00 PM
From: rag2rag  Read Replies (1) | Respond to of 61433
 
Where do you feel ASND will be in the next six months, if you had to guess?

Good, now we have another contest going. I stayed away from the previous one. My prediction for 9/13/98 (six months) is 45.

regards
jag-dish



To: Eric E who wrote (39122)3/14/1998 2:18:00 AM
From: pat mudge  Read Replies (1) | Respond to of 61433
 
Where do you feel ASND will be in the next six months, if you had to guess?

If the semiconductor equipment makers are correct in saying the Asian slowdown will be over by second half and if all the promised DSL chips come out on schedule --- TXN, ADI, MOT --- and those markets heat up as predicted, I don't see any reason why the stock couldn't be 50% higher from here. Let me quickly add I've never understood the short term gyrations of the market and am the last person on earth to give guidance. I generally hold stocks long term with some small profit taking along the way. JP Morgan's 12-mo target is $55, so my six-month figure is probably a little optimistic.

Later --

Pat