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


To: Peter Yang who wrote (42984)4/8/1998 9:09:00 PM
From: Darwin Tu  Read Replies (2) | Respond to of 61433
 
Peter, stocks trade higher prior to earning release as in case of ASND. No preannoucements from ASND etc..... Question is how can we be sure that ASND will beat the estimate hands down???
Yes, I like to see better days with ASND.

killer



To: Peter Yang who wrote (42984)4/8/1998 9:26:00 PM
From: S. M. SAIFEE  Read Replies (1) | Respond to of 61433
 
Briefing com is contarian indicator, they kept on recommending stock
at 50-55 range, stock kept on dropping, they kept buy rating all the way down and changed to sell when stock was down to 32. ASND is very hard to figure but last eight months, stock has gone thru complete down cycle technically and fundamentally, stock is just about to break out up side on chart and if earnings and future forecast syncs with technicals, we should see very powerful up move.