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Technology Stocks : Ascend Communications (ASND)
ASND 208.57+4.1%3:59 PM EST

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To: Ben Tang who wrote (13056)9/16/1997 10:44:00 PM
From: men mailman   of 61433
 
I ALSO SPOKE and just got off the phone with Investor Relations of Ascend. I have spoken to IR of many companies in the past and I have a feel of the manner in which they speak. Todays discussion was from a VERY CONFIDENT MANAGEMENT.

Here are some points we discussed:

The company is only permitted in its quiet period to make public statements regarding its current period and that is why no statements to this effect was able to be said in the Cowen conference today, nor to me as an individual investor..

IR however did tell me its business is strong and the analysts are expecting very good business for the forseeable future

IR also told me that the company has not missed earnings in the past, nor are they planning any sort of an announcement (which imho is a good sign that no big surprise is expected).

IR also assured me that "business is sound as ever".

SOUNDED VERY CONFIDENT AND REASSURING!!!!!!!!!!!!!!!!!!!!!!!!!!!

The analysts are very SUSPECT IMHO. I believe they should be held accountable by name and firm when the stock HITS $40-$50 soon, and their names should be repeated over and over on these boards so that nobody should never ever again listen to their opinions.

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