Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

3:59 PM EST

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To: thebeach who wrote (47607)	5/28/1998 2:52:00 AM
From: Dennis R. Duke	of 61433

This is a company that pays its people in stock options, which inturn are sold in the market, which causes any bad news or potential bad news to be guessed as negative. That approach causes ASND to be more bouncy than the other NWXers, IMHO. If you follow the Ciena thread LU is vaporware. It remains to be seen if they have anything that can be usable to delay decisions that are being made now for ASND hardware. There are two things that the market can react to in the LU announcement in my opinion: 1) ASND will be preceived to be not in play for LU. That takes some preminum out of the stock. 2) ASND has a future competitor, which might pull down market share. That too would pull down ASND, if believed. Couple that with the every present concern for why management would sell and that makes for a buying opportunity. Or did at some point today. Too bad I am out of cash. Later, Dennis

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