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


To: Mighty Mizzou who wrote (55258)10/5/1998 4:03:00 PM
From: Mighty Mizzou  Read Replies (1) | Respond to of 61433
 
OT Kind of... I am going to stick my neck out today because I think I can make a little money for my ASND friends. You might want to take a look at PSINet at the twelve dollar+ level. PSINet is big on using AND reselling ASND equipment. PSINet separates itself from a regular ISP in that it uses it's own backbone. They provide VPN, VOIP, and total setup turnkey systems to get any organization up and running in no time. They are growing extremely aggressively and will not be profitable for at least a couple of years to come. This is why Wall St. finds it to be very risky but if you believe in ASND I think you will find this company to be worthy of a few shares. If you do not feel now is the appropriate time to invest in this baby keep an eye on it, especially after earnings. An executive from PSINet regularly responds on the PSINet thread which in my opinion is unprecedented in shareholder support (Dave Kunkel). GO ASND!!!



To: Mighty Mizzou who wrote (55258)10/5/1998 4:13:00 PM
From: Mighty Mizzou  Respond to of 61433
 
ASND vol 7.5 mil compared to CSCO vol 63+/- mil. Very bullish IMO on this networking disaster day.