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Technology Stocks : Ascend Communications (ASND)
ASND 218.50+6.9%10:05 AM EST
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To: Raj who wrote (58532)1/10/1999 2:50:00 PM
From: Judy  Read Replies (2) of 61433
 
Raj, I don't think Mory has the vision nor the wherewithal to make ASND into a major player. I did not care for his handling of the CSCC merger nor his attitude of "we'll show them who's boss" after the acquisition .. a statement he had the poor taste of making during a public interview. Last year Mory's misleading of the Street caused the stock to tank from 45 to the mid 20's, actually he outright lied about product problems.

Having said this, it is not for me to substantiate why ASND cannot be a major player ... it is up to ASND to show me that it indeed can be. Until then, I will take healthy profits and redeploy them in another company I have more faith in.
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