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Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%Nov 20 3:59 PM EST
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To: H.A.M. who wrote (56336)10/21/1998 4:43:00 PM
From: getgo234  Read Replies (2) of 61433
 
I was under the impression that ASND had all but finalized the sale
of several of Stratus' Units. Hiring Salomon to find buyers suggests
to me that ASND is not even close to finding any buyers. If Wall Street was under the impression that the sale of several units was
imminent based on comments from ASND's management only to find that
there are not any buyers I strongly suspect that ASND's management has
done very little to improve its own credibility with Wall Street.
Comments please.
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