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: john p. carney who wrote (19647)	10/29/1997 2:22:00 PM
From: Andie Wei-Ku Lin	Read Replies (1) of 61433

So...what we are seeing is that Ascend cannot benefit from the contracts it announces, but can be hit by contracts it does not receive...fishy. :-) Also...an ask size in the 400's versus a bid size in the teens doesn't look very nice. The Nasdaq is not all that weak today, and the Dow is doing just fine. Ascend is falling off a cliff. I'd like to hear from Tim and other's who said Ascend wouldn't rise any time soon. What do they know that we don't? Or do they just have a "feeling"? Any insight to changes in the busines model? Etc.?

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