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


To: Jack Colton who wrote (43482)4/9/1998 7:56:00 PM
From: FUZFO  Read Replies (1) | Respond to of 61433
 
Hey Jack, its tough to find a familiar face tonight on this thread. So many new names come out of the woodwork, couple of them sound like desperate shorts. I even checked the prior posts by these guys, die hard pessimists on every board they post on. I believe the stock will go up. It may not go straight up, but it will go up from here. They delivered EXACTLY as they promised and the street will love them for it. Name of the game is consistency and visibility. The stock may play some games in the very high 30's for a day or two but barring market catastrophes it's now going to be a $40 and up stock for rest of 98'. Of course this is JMO and we all have one of those too. Whats yours?
Fuz



To: Jack Colton who wrote (43482)4/9/1998 8:13:00 PM
From: Chuzzlewit  Read Replies (4) | Respond to of 61433
 
Jack, I'm a long-time ASND holder, and you'll pardon me for saying so, but the numbers didn't look that great to me. I particular, I was disturbed by only a 4% rise in revenues and a drop in gross margin year over year. Didn't that bother anyone else?

Regards,

Paul