Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 201.40

+2.3%

3:59 PM EST

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To: Five2Mil who wrote (15100)	9/29/1997 9:46:00 PM
From: David Rosenberg	of 61433

Addendum to my previous post 15100: here are two references to conversations with Ascend's IR dept! To: Nasdaq777 (13067 ) From: Kumar Nathan Sep 16 1997 11:05PM EST Reply #13071 of 15103 Michael and All: I talked to Ascend IR. Infact two people returned my call. They sounded very confident. I asked all the questions you name. About possible earnings warnings, Cowens presentation etc., etc.,. Finally I asked them that the stock dropped more than 35% with a rumour that ASND might miss the # and why the company hasnt come out with a response?. She told me that ASND is very shareholder oriented and she said if there is any danger of meeting the # we would have released that information as quickly as we come to know etc.,etc., . They sounded very confident. When I did my research, I noticed that ASND never missed any of their qtr. Therefore I am still confident that ASND might meet its #s. Regards Kumar To: Ben Tang (13056 ) From: men mailman Sep 16 1997 10:44PM EST Reply #13060 of 15105 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. <end of posts> Well ... who's word is suspect now? Should IR be held accountable?

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