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 210.01

+1.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Finder who wrote (39480)	3/17/1998 11:16:00 AM
From: hitesh puri	Read Replies (1) of 61433

When you are a company least understood in terms of products and business plan its very easy to jostle its shares around. Besides occasional blocks being sold (see some being bought as well) most of the dumping is small share amounts. Incidentally this is across all high tech shares. Reminds me of early 96 where euphoria over high tech was followed by extreme dumping because of semiconductor glut followed by few more bouts of speculative buying and dumping. High tech company stocks are sadly not a long term growth vehicle as they used to be rather they are quick 30-50% makers and then the money quickly flows out into large cap stocks who are lumbering at excessive valuations and slowing growth (but who cares if the collective thinks they are a safe haven). -hitesh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next