SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maverick who wrote (15800)9/30/1997 10:38:00 PM
From: Dave Kosmayer   of 61433
 
Thanks Maverick looking into it now.

AS for ASND I'll throw my 2 cents in. I'm short 1000 ASND today and will not cover until mid to high 20's which I see ASND still being expensive. I've been long on ASND all the way from 55 off and on all the way down sometimes loosing money and sometimes making. I think ASND management is a FRAUD something is seriously wrong there this stock which once I called a 1st tier tech I now call a specualtive play and would not go long on ASND until I see earnings being met and management actually giving us a read on the company. A few months back ASND was flying up, up and away people were talking $80 again and brokerage houses were triping over each other raising estimates and price targets, this all was not to long ago folks!!!! ASND management was sitting back and saying Oh Fuck what have we done!!! Well there's my opinion of ASND and my price target in the next few weeks is $25-$28 and after the dust setles and earnings are REALLY out and we see exactly the TRUTH with ASND and the conference call, ONLY then will I think about going long again. Actualy why ASND ...COMS and CSCO 100 times the company that ASND is so I would look to them instead.

Dave.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext