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

To: Joseph Colombo who wrote (43377)4/9/1998 5:04:00 PM
From: Wesley Zega  Read Replies (1) | Respond to of 61433
 
Didn't ASND trade around 32 when they hit $.25? 4% = 33.28. I'm afraid we need to look out below.



To: Joseph Colombo who wrote (43377)4/9/1998 5:05:00 PM
From: Jeffery E. Forrest  Respond to of 61433
 
looks like Aftermarket traders are waiting for CC right now. Not much happening.



To: Joseph Colombo who wrote (43377)4/9/1998 5:07:00 PM
From: djane  Respond to of 61433
 
The tone of ASND press release is much more positive than the prior 2 releases. 10.1% sequential earnings growth (40+% annually) in a turnaround quarter with expected strong next 2-3 quarters supports a nice rise in the PE multiple. djane


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