Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.47

-4.5%

Dec 17 3:59 PM EST

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To: Billy Dunn who wrote ()	12/13/1996 10:55:00 PM
From: Mike McCauley	of 61433

I can only guess that Ascend is down on old news. We already new there were pricing pressures. We already knew the growth rate could not be maintained at previous levels. The CEO already stated this on CNBC back in September. I would have thought that investors had already built this "old" news into the current price. It's been my feeling that this "old" news and general market volatility is what has been holding the price down considering all the good news ASND has been giving us lately. Any thoughts?

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