Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.49

+0.3%

2:10 PM EST

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To: ngray who wrote (7329)	7/24/1997 10:58:00 PM
From: polarisnh	of 61433

If you sold Ascend to buy Bay at the inflated price this stock is going for then you deserve everything that you have coming for you. I don't want to sound mean but Bay has not even become profitable in the last few reports. I have been watching all of this Wall Street hype about Bay and I have to wonder...... Does Wall Street think that this company has figured out its problems or maybe Wall Street has figured out how to unload its overpriced stock! I'm sorry but Bay still is losing money per share and is getting its clock cleaned by COMS,CSCO, CS, and XYLN in the switching market. Last time I looked Wall Street was punishing companies that didn't have their earnings game together. Lets see Cabletron doesn't make their S&P 500 record of 32 consecutive record of meeting or exceeding Wall Streets expectations and the next day they get the crap pounded out of them. All Bay does is waffle for 3 quarters and they double in 3 months! This is America, Home of the Free and Foolish! Sorry for carrying on like that but sometimes I watch analyst reports and I realize that they aren't technical but are simply followers of trends and that bothers me. Have a good evening! Steve

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