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Technology Stocks : Ascend (ASND) descending?
ASND 208.98-1.8%Dec 26 9:30 AM EST

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To: james m. schultz who wrote (285)7/1/1996 10:18:00 PM
From: Matthew Shapiro   of 313
 
After the idiotic "very comfortable"--yes!

First they gave creedence to rumor, second they
failed to clear up the questions.

If earnings momentum intact:
"earnings remain on track" "rumors untrue"
Or to get bad news over with:
"earnings will be in line with estimates."

It is absolutely legit. to question Ascend.

I have not turned bearish, I am simply
questioning the cause of the market action
you worry about as well. It would be
stupid to fail to analyse this possibility.

My estimates are as bullish as your guru,
but they do not have to be correct.
Something has caused this.

Getting the news out-good or bad-can
spark a huge rally. They are not
going out of business. People just
need to know whats up before placing
new bets.

Matthew
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