Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 196.81

-4.9%

Dec 9 3:59 PM EST

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To: rkf who wrote (15162)	9/29/1997 11:57:00 PM
From: WBendus	of 61433

RFK, todays $1 loss was on the heels of a negative piece in Barrons. The article went on to talk about how ASND management has been touting everything to be about 10x greater than it really is, that they have misread the market, and that CSCO is picking up the slack. Management of this company have dug one heck of a whole, and it will likely be a year or more before they regain any credibility. Watch the estimate and recomendations come crashing down tommorrow. There will not be brokerage house that dares stick their necks out again on ASND recomendations for years, they simply can not trust the management. Wayde.

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