Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 199.96

-0.6%

Nov 12 3:59 PM EST

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To: sepku who wrote (27972)	12/17/1997 7:17:00 PM
From: The Phoenix	Read Replies (2) of 61433

Ah, yes. One month later and still trading at 24.75. I guess there's still time to get in on the sale 'eh? Sytle. I applaud your consistency to stick to this stock but I still don't see the upside given the continued loss of market share in thier core businesses. This coupled with an inability to attack new markets (due to corporate retrechment) would make most investors - and certainly traders like yourself nervous. Comments? Gary >>>>>>PURCHASED: 11/12/97 3,200 24.88 <<< >>> Another comment on CFO Ashby's purchase. Notice the price he >>>bought the shares >>> at...isn't that the same price at which he repriced employee >>>options? If so, this could be >>> his way of underlining his confidence that 24.88 is as near the >>>bottom for ASND that >>> he could possibly estimate. Style Pts.<<<<<

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