Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 196.01

-0.8%

Nov 10 3:59 PM EST

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To: sea_biscuit who wrote (20727)	11/3/1997 3:45:00 PM
From: uu	Read Replies (2) of 61433

Dipy, Thanks for the article. Yes I am aware of Jim O'Shaughnessy's theory of paying more attention to P/S rather then the P/E and I have come to strongly believe in this. Regretfully that does not solve my past mistake of investing in ASND! I am a long term investor but with all the recent credebility issues with management, insider sellings, hype and their smooth/sleezy way of telling investors that their growth is slowing down, has brought me to a point to push the button in about 10 minutes from now (right at the close) and dump my ASND shares and take the loss as a tax write off for this year. A very expensive lesson to learn to pay attention more to P/S and the management! Regards, Addi Jamshidi

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