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


To: Clay Takaya who wrote (50549)7/28/1998 9:08:00 PM
From: Patriarch  Read Replies (1) | Respond to of 61433
 
Clay, I've been wondering about that myself.

Then again, look at the attached (just for 100 days):

techstocks.com

Also, this chart since the beginning of the year:

techstocks.com

Regards,
Pat



To: Clay Takaya who wrote (50549)7/28/1998 9:18:00 PM
From: Philly714  Read Replies (1) | Respond to of 61433
 
Clay,

I believe LU has a lot more room to drop than ASND in relation to where its price should be. LU has run up in the same fashion as CSCO, for the simple fact that both are well run, very outspoken and loved by the street. It is an interesting point to say ASND will go hand in hand with LU regarding stock price but with Ashby delivering on his promise of solid quarters (so far) I have to (want to) believe that the street is starting to realize that ASND is well positioned and with one more quarter like the last three it won't matter what LU decides to do.....

Philly714



To: Clay Takaya who wrote (50549)7/29/1998 12:32:00 AM
From: Pat Hughes  Respond to of 61433
 
Clay...
What price/ratio do you have in mind?