Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.98

+4.3%

Dec 11 3:59 PM EST

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To: Finder who wrote (28885)	12/30/1997 1:12:00 PM
From: sunfish	of 61433

COMS stock price is moving, currently $36(up from its recent low of approx $28 while ASND hovers near its low of $22. Any thoughts on why the treet is moving money into COMS while staying away from ASND?...>> Answer: Their management was honest with the Street while Mory was not... Another possibility: Some holders of COMS who purchased in 1997 may actually have a gain in COMS (albeit only a couple of months window for this; the same isn't true for ASND which is near it's 52 week low with only a few days window for anyone to have any gain on a purchase this year, thus tax loss selling may be more severe in ASND.

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