Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 196.81

-4.9%

Dec 9 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tim Luke who wrote (18943)	10/24/1997 10:58:00 AM
From: Gary Korn	of 61433

Tim, I think we are going to see a tight trading band for a while (as we have seen for the past 2 weeks) in the absence of news or a strong direction to the underlying market. I think news is not to be found because the company is in ongoing strategic partner talks. I cannot predict if they will succeed, but some matters doubtless are on hold in the interim. E.g., CFO. In the absence of news, there is not much to cause movement in the stock. The 10Q will come out by mid-November, and that will cause stock movement because of whatever information may be contained therein. I'm wondering if management is trying to tie something up before then. At some point in the quarter, speculation as to the 4Q results will move the stock. Until then, it's a waiting game. At least, as I posted last night, ASND has performed better than 8 other networkers over the past 2 weeks through 10/23. I will add TLAB when I calculate results for a 3 week period. Gary Korn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next