Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Captain James T. Kirk who wrote (24806)	11/26/1997 6:42:00 PM
From: Teddy	Read Replies (2) of 61433

Captain, why did you think that this company (AWRE), which is laying off people, is a buy at $10? On Oct 16 Jim Bender, president and chief executive officer of Aware stated:''Our disappointing earnings are a reflection of the general state of the ADSL market, which appears to be developing more slowly than expected. Although we are increasingly confident that the ADSL market will be large, we believe that most of the major service providers are still a few quarters away from the beginning of high-volume ADSL deployment.'' Wouldn't it make more cents (pun intended) to waite for the sell off over the next few weeks and buy at $6.75?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next