Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 197.10

+0.1%

1:24 PM EST

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To: hpeace who wrote (15097)	9/29/1997 11:13:00 PM
From: TimbaBear	of 61433

steve.. I don't know you, or you me, but you seem to be a person who loves to play the market, even though you don't need to. While it is true that you openly state that whatever you have is a gift from God, you also state that a person must do their own homework. I don't have a lot of spirituality so sometimes your unabashed enthusiasm for God makes me a bit uncomfortable, but that is my problem, not yours. Maybe what you say is what I need to hear...who knows? I do know that I have done some research into the fundamentals of this company and came to the conclusion before I ran across anything you had written that I wanted to bet on the future of this company...I did so by buying Mar45 calls for $5 on 9/12/97. I went out to March because I felt that I needed the extra time protection with a company as volatile as this one. This week-end you posted your research on this company and you surprised me. I had assumed (yeah, I know!) that because you couldn't spell that good and because of your devout spirituality that you couldn't possibly know how to evaluate a company based on fundamentals. Well you did, and posted the concerns you had clearly. I am posting this because I have read some things here since the earnings announcement that must have been written in fear by people who played with money they couldn't afford to lose and the fear affected their thinking maybe. I would like to move on and ask you this: The announcement came out on the 29th, the quarter is not over until the end of business on the 30th. Therefore is it possible that the actual earnings might be a little higher than the figures given today? I mean a good sales tactic is to say well...it is real bad, but not as bad as we first thought. Do you think this management has that much moxy? If so, then the time to take a further position might be just before the earnings come out instead of waiting until after....just interested to hear what you think. Hang in there and God Bless!

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