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Technology Stocks : Ascend Communications (ASND)
ASND 209.98+4.3%Dec 11 3:59 PM EST
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To: Finder who wrote (28885)12/30/1997 1:11:00 PM
From: craig crawford   of 61433
 
<< Answer: Their management was honest with the Street while Mory was not. >>

No they weren't. They tried to conceal their inventory problems for as long as possible all the while insiders were dumping millions of dollars worth of stock. Now they face multiple class action suits just like ASND.
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