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


To: Pat Hughes who wrote (57083)11/12/1998 1:33:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
<what happen to dell>

i guess everyone is worried about the earnings or what michael will say....



To: Pat Hughes who wrote (57083)11/12/1998 1:40:00 PM
From: gbh  Read Replies (1) | Respond to of 61433
 
Well, considering the stocks pre-earnings run up from 65 to 73, I'd say its normal profit taking.

But, with this stocks eye-popping 86 PE, anything less than .29 or .30 earnings (which would be 16-20% quarterly sequential growth), could cause another quick $10 plunge in the stock.

Don't know about you, but I am betting with Michael and the boys again this time, and holding mine.

Gary