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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: blankmind who wrote (19461)10/28/1997 5:01:00 PM
From: Moenar  Read Replies (1) of 61433
 
All networkers were up today nicely execpt our ASND. There were bunch of good news on ASND yesterday and still no effetct on upside. I don't mind holding the stock long term, but does anybody know what is holding this stock down. Last week seemed it was getting ready to move and we got hit with this market correction. Is it because no MM's or any fund wants to have this stock. Is it because the company is not cooperating with the analysts and tell them about their prospector may be they are not sure of their prospect and worse may be they are hiding something. I have a big position on this stock and don't want anybody become disintersted, But I don't see anything coming from the managment. You see everybody coming to CNBC plugging their company except from ASND. Don't they want to tell the investment community what is going on with their company. Unless they are hiding something, they are doing a great disservice to their investors. Maybe they are in a deal to sell the company which is everybodys' hope.
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