SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cascade Communications (CSCC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Czechsinthemail who wrote (3570)4/18/1997 4:28:00 AM
From: Dwight E. Karlsen   of 3743
 
Baird, I understand what you're saying, and I think you make lots of sense. But (you knew that was coming), It just seems to me that there are big yellow caution flags flying: Let's compare the ASND/CSCC situation with COMS/USRX. Lot's of similarities, IMO. USRX is similar to Ascend in that they hold a strong market share position in a particular product, and they provide industry-leading R&D for new products. But yet, the market has been overall bearish on USRX since almost exactly 11 months ago. Ascend's chart shows a similar pattern. I can see Ascend having several nice rebounds, but here's the way I see it: Neither Ascend nor USRX totally dominate their field the way for example INTC and MSFT dominate theirs. I'm not saying that the longer term future is bleak for Ascend by any means. I can't predict how everything shakes out, and I agree that Ascend shows more promise to be a survivor than most. But at the moment I can see that ASND's chart shows the stock has broken down technically, and the stock is going to have a very difficult time working through all the damage that has to be repaired. I'm not even a T/A by any stretch, but I have done lots of observing from close quarters..sometimes too close.

DK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News