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Technology Stocks : Ascend Communications (ASND)
ASND 201.08+2.6%Nov 11 3:59 PM EST
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To: adam hefian who wrote (25185)12/2/1997 2:24:00 PM
From: Larry J.  Read Replies (1) of 61433
 
<<I believe that we could see ASND act like CS did today when they release their earnings. Its not worth taking the risk to stay invested in ASND for now.ASND could see a bottom in the mid-teens.>>

IF ASND misses their # we will be spanked hard and ASND will see teens. However, this is a big IF..........................

Are you:

A) Unaware that officers of ASND have stated confidence with the quarter on several occasions.

B) Believe that Michael Ashby and Bernie Schneider are lying to the media and shareholders when they have stated that ASND will make the numbers for the quarter and all of next year?

C) Are aware of the above, but choose to disregard or ignore it.

D) The wheels have truly fallen off since these statements were made and an earnings warning is forthcoming. (I've seen nothing to support this, and to the contrary there is reason to believe that things may be going quite well this Q)

E) Are short the stock, so you indiscriminately ASND bash in the absence of any data to support your position.

After the credibility issue ASND has been suffering from since the 8K fiasco I believe that the likelihood of ASND missing numbers (.23 @ 290M) is extremely remote. Ashby , Schneider, Ejabat and co. would appear complete fools under this scenario.

Larry
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