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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: EAGLE-EYE who wrote (12182)9/12/1997 11:35:00 PM
From: Peter Yang   of 61433
 
If ASND is really going to have a flat quarter, the management should have pre-anounced long time ago (like MOT or HTCH). If they do that, we would got just one big drop (at most 6 bucks) and then the stock would stablize. Now we got 2 down every day and we are still waiting for another big drop.

However, I somehow doubt the management is that stupid. Mory said in the conference call that he expected close to 10% sequential growth in ternational sale and above 10% for demostic sale for this quarter. Mory also painted another rosy picture during an Interview not long ago. I just don't belive they are so stupid to take the risk of a big lawsuit from shareholders.
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