COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

-67.5%

Nov 7 11:47 AM EST

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To: David Lawrence who wrote (5282)	9/15/1997 9:59:00 PM
From: Wigglesworth	of 22053

<<Mory: "I've fallen and I can't get up!" >> It's only possible if he's reached the bottom. How can one get up if one is still falling? I haven't seen more comptemptuous analysts (some even question the 'viability' of the company): "For the last nine months, this company continues to have declining returns," said Alfred Tobia, an analyst at Montgomery Securities. "Their bookings are lousy and they explained last quarter's shortcomings with the same explanations they are giving for this quarter. I don't think the company knows what's wrong." Tobia downgraded Alameda, Calif.-based Ascend from a "buy" to a "hold," a move that usually irks chief executives and large shareholders. "The strange thing was when I lowered the rating, the company was almost happy," Tobia said. "Usually people get pissed off and don't talk to me. But with Ascend, they almost seemed relieved." Davies said one of Ascend's biggest problems was the technical glitches experienced by Internet service providers looking to install faster 56K modems. Still, I'll consider buying some ASND if it gets to upper 20s. Are you salivating at this prospect too?

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