Ascend Communications (ASND) Message Board

STOCKTALK

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 : Ascend Communications (ASND)

ASND 215.32

+4.6%

Jan 20 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Andy Riedel who wrote (10260)	9/2/1997 11:13:00 AM
From: Finder	of 61433

I will try to answer your question without engaging in invective. The reason the 8K matters is that a few days before Ascend management came out with a public statement that after the Cascade merger sales were going better than expected. Then a few days later they file a report as required by the SEC, 30 days afer a merger which states sales that are far below expectations. Hence a credibility gap. Is there some additional information to explain the discrepancy. Maybe. But the company created the uncertainty and information gap. They thus have an obligation to fill it. I would be happy to hear why you think Ascend is down 1 when the market is up 163. They would certainly be entitled to never relaese forward looking projections as a policy, yet once they undertook to release them immidiately before filng a seemingly contradictory 8K they assumed a obligation to correct the information gap. I would be happy to hear your explination of why the market is up 166 and Ascend is down 1.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next