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Technology Stocks : Ascend Communications (ASND)
ASND 213.30-0.1%Jan 2 3:59 PM EST

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To: Simon who wrote (16651)10/7/1997 12:27:00 PM
From: Finder   of 61433
 
Well another crappy day for Ascend.

Networkers are soaring, even poor Fore which I think is a far worse company than Ascend.

My Oct 35 calls are starting to look a little puny.

I guess the conference call on Thursday, and more importantly how badly the analysts slam the company after it is over will tell the story.

A very sad period for a proud company all caused by inept management and its dealing withthe Gods of Wall Street. What Mory doesn't understand is that while he may not run his busines to benefit Wall Street. his thumbing his nose at them will cost this company for the near future at least, and may even lead to its demise as an independent company if its share price doesn't improve.

Much as USRX mishandled the street and was punished and then bought cheap, Ascend may be headed the same way.
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