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


To: pae who wrote (54270)9/17/1998 9:30:00 AM
From: Duke  Respond to of 61433
 
Thread, S&P Future still -25. ASND will open down some where between 43 1/2-44. If you believe in ASND, hold on your share. We're in the rough weather, had anyone predicted that ASND was falling to 32 on 9/1 and yesterday 9/16 it was up to 47? that is 15 points different, I don't think so. Two weeks from now ASND may be at 51, 55 or higher who knows. Oct.1 and Earning report are coming soon. and I believe the later will beat the Street expectation by 1 or 2 cent. In the last few session ASND couldn't break 47, in my opinion, it due to these 3 factors: LU price falling, CIEN rumor, and earning caution. Please correct me if I'm wrong.
Good luck to all
Duke