Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: uu who wrote (21335)	11/5/1997 8:21:00 PM
From: Moenar	Read Replies (1) of 61433

"This is typical ASND management's stupidity and ego (which again goes back to Ejabat's Persian background)" Addi, my good man you have been exteremly harsh with ASND management and in particular with Mory. I understand the stock has been a nightmar for you and rest of ASND investors. I have been hurt very badly myself and much more than the numbers you mentioned for yourself. I am not trying to excuse them, but do you think the reason the stock is taking such beating is because Mory does not understand public relation. The reason everybody on this thread attacking Mory is because they can't find any good reason for this stock to be at this ridiculos level. The company still leader in many areas and making money and has even good sequential growth. They are going through digesting a new company and their sales got hit one quarter and they did not even loose any money. In fact they made 20 cents. Their products are still great and in demand and their future seems very good. If you see Mory and others in company not as panicky as people on this thread, it's because they build the company, they know their prospect and they are the real long term shareholders. They are looking to the next quarter and next year and years after that. The company does not have any fundemental problem. Market took this stock wrongly to 80 and brought it wrongly to this level. Don't let these short term games of the market get to you. It does to me and I know it's hard to ignore. It is ok to be angry when we are losing big money, but we have to be fair. The day that Mory leaves the company is the day that we should be really worry about this company.

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