Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.02

-0.7%

Nov 24 3:59 PM EST

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To: Andie Wei-Ku Lin who wrote (19645)	10/29/1997 2:02:00 PM
From: Moenar	Read Replies (1) of 61433

"I suppose when it comes to the bottom line, I can agree with you here. I believe much of the damage to the stock price results from poor management. Statements from the CEO to the effect that he simply doesn't care about what shareholders say, are very damaging." The silence from the management is incredible. I am getting a bad feeling about this. Unless they are in deep talks for sale of the company which seems a little more remote in light of their recent insider selling, there must be sometthing wrong. Market likes to make money and they won't shy away from ASND at these level unless they know something we don't. By the way anybody knows when their annual shareholder meeting is.

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