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


To: Greg Jung who wrote (40398)3/20/1998 5:11:00 PM
From: FUZFO  Respond to of 61433
 
Well I'm glad this weeks over and done with! Can't wait till April. I see no good reason for this stock to be down like this, just paying our dues here in the low $30's while the MM sort out the few uncertainties. I remember backing and filling the $20's, this time next quarter we should be backing and filling in the low $40's, and some of us will be crying because its not at 50 yet. Just my musings. (GG)
Fuzfo



To: Greg Jung who wrote (40398)3/20/1998 5:15:00 PM
From: FrankInNYC  Read Replies (4) | Respond to of 61433
 
>I don't think a warning would be disastrous to asnd, nor coming
>in a bit shy without a warning, probably either way (unless
>there is a major hangout) it will be met with a relief recovery.

Are you kidding me?? With jittery market sentiment on earnings for all tech companies in upcoming quarters, and Ascend's not-to-solid reputation for making the quarter numbers (as well as their rocky relationship with analysts), a penny off and this dog will be barking all the way down to the mid 20s. That's as optimistic as I can get as an investor long on this one.