Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

3:59 PM EST

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To: polarisnh who wrote (49266)	6/25/1998 1:54:00 PM
From: gbh	Read Replies (1) of 61433

I am sorry to hear about the woman problems. I assume that is what you were referring to with the 'pump and dump' comment. Steve, I guess "pump and dump" could be a woman thing (LOL), but what Sowbug was referring to was an OTC BB stock (likely a penny stock). These stocks are often "pumped" up on these message boards as the next greatest thing since sliced bread. Then when they suck people in to buy the stock, the price rises, and they "dump" for a quick profit. If you happen to "gamble" a lot of money on one of these, you can obviously get crushed. Sounds like what happened to Sowbug. Or maybe it really was a woman? At least he would have enjoyed losing it all. :) Gary

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