Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 215.32

+4.6%

Jan 20 3:59 PM EST

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To: Finder who wrote (10261)	9/2/1997 11:42:00 AM
From: vegetarian	of 61433

>>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<< And then there is a possibility that the only way they could correct the so called "information gap" you refer to is with an earning warning, I am sure you are not yearning for that. I agree that the stock is showing signs of weakness as you say in the face of general markets exploding; one could either get out on a pop or wait for the end of Q and then buy at a lower price so as to average down the high buying price (the long term prospects are good), although averaging down is not generally a great practice.

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