Ascend Communications (ASND) Message Board

STOCKTALK

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 202.96

-2.8%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dr. Jeff who wrote (17799)	10/15/1997 10:15:00 PM
From: Sector Investor	of 61433

<<It seems no one wants to buy ASND, they only want to sell it. Do all these sellers like losing money? It's not like they bought it less than this!>> Yes. Strange isn't it? The only way anyone who sold under $32.5 made a profit is if they bought the morning after the pre-announcement or before February of 1996. All else is a loss. And why would anyone hold two years or more and sell to break even? I can see some speculation on an ASND buyout rumor and pulling the plug when LU bought Livingston, but why else? These people either have to be clueless as to prospects, or pure momentum money moving to the wherever the action is. Thoughts?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next