Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Kumar Nathan who wrote (12002)	9/12/1997 2:58:00 PM
From: Dave O.	of 61433

I wasn't picking on you specifically but many posts here are ludicrous, nothing of substance. I empathize if people bought in the 50's, it must be painful. Then again, each investor must have some plan, upside target as well as what downside loss they are willing to accept. Yes, I understand simple math, such as 30% loss in a month. Investors have also seen 30% upside appreciation in ASND in a month. It works both ways and one has to accept the risk and volatility in tech stocks. Obviously, the "silence" by ASND is being interpreted by most everyone as a big negative. What is they meet estimates? What if they beat the revised numbers? Management has a certain responsibility to shareholders and with all of the uncertainty I would expect they would pre-announce if they expect to miss estimates. They haven't yet. I was in SIII this year. It went from 18 down to 9. That's 50%. It was painful. Now it's 16-17 range. Management wasn't saying much when it was at 9 or 10, mainly because there was no news. It was oversold and panicked investor ran for the exits. Dave

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