ASND - longterm investors with short term worries Message Board

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Technology Stocks : ASND - longterm investors with short term worries

ASND 201.30

-1.1%

10:57 AM EDT

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To: OldAIMGuy who wrote (33)	11/4/1997 5:30:00 PM
From: Bosco	Read Replies (1) of 67

Tom - tomorrow will be an interesting day. CSCO is 1c above street with a 3-fo-2 split proposal. ASND CFO just mentioned its meeting next Q and FY estimates. He also acknowledged the need to rebuild. These are huge psychological reversals. If it doesn't show any sign of reversal (at least the close matches up with the open,) people may worry more room on the downside. From the longer term perspective, ASND really needs to throw out ALL the dirty laundries next Q to get a clean(er) balancesheet for 98. rgds Bosco

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