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 200.28

-1.0%

Dec 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tech Bull who wrote (60627)	4/7/1999 4:21:00 AM
From: Joseph Pareti	Read Replies (3) of 61433

>Mory very much deserves & got his $100 yes. My full respect and admiration for Mory. For the vision and the relentless execution. I started becoming an ASND shareholder in August 1997, just before the storm. My first purchase at $49 dwindled all the way down to $22. Thanks to this thread, and especially Gary Korn that provided at the time illuminated guidance throughout the worst months I did not only NOT sell, but I kept buying and trading. Gary helped me understand that there was nothing inherently wrong with Ascend. The stock was just an easy prey of shorts due to a lack of proper PR work. When Ashby went on board the gotcha got fixed and the stock started to fly. Last night I went out of ASND in a profit taking move. It was that very first batch I bought almost 2 years ago at $49 that went at 99 bucks. Superb move IMO. Times are probably very different in this fast-changing world, and ASND/LU is no longer on my priority list, not for the short term at least. I still like the company very much and I would welcome an opportunity to get back, although a conversation with a C$CO senior engineer made me aware that ASND best people are leaving. This may signal that the stock has, at this present levels, seen its full potential and that the probability of further gains may be more modest. Because I believe the market is necessarily becoming very selective due to valuation factors there are other companies (industries?) that give better potential. Anyway I 'll be around on the thread as it's the best way to stay abreast.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next