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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: Gabor who wrote (28305)12/19/1997 2:21:00 AM
From: bucky89  Read Replies (1) of 61433
 
>The CEO at asnd told a friend of mine that it will take three yrs for >this stock to come back

I find it utterly incredible that the CEO would believe or say something like this. Ascend has been a public company for barely three years! How can he possibly think it will take him that long to undo the problems of the last few months? He has continuously maintained in public that the problems are short term in nature. If ASND were in this much trouble, there would be no way he could survive as CEO after making these public statements.

I like to lurk on this thread because of very helpful people like Maverick and Gary Korn who give useful and CREDIBLE information to help the amateur investor. But something like this, submitted by an anonymous entity, is obviously false and intended to manipulate fearful Ascend investors into selling.

Josh Tseng
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