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Technology Stocks : ASND - longterm investors with short term worries -- Ignore unavailable to you. Want to Upgrade?

To: minhaj hasan who wrote (1)10/28/1997 5:56:00 PM
From: Alec Epting  Read Replies (1) | Respond to of 67
 
I wonder if the market now has reservations about ASND's Far East business. I mean Europe caused ASND management enough headaches last quarter. Now, here comes the Far East. Maybe they are discounting the stock due to lack of guidance from management. I think it will take at least two quarters before we see any action in the stock.



To: minhaj hasan who wrote (1)10/28/1997 6:01:00 PM
From: ArnieC  Read Replies (1) | Respond to of 67
 
Minhai Hasan:
Does ASND have indigestion over the acquisition of Cascade? ASND did have a 71% sales increase during the first six months of 1997, yet they are at about their 52 weeks low. Is it that their personnel are not integrated or are there too many inefficiently employed workers? Perhaps they need to streamline. It was disappointing to see no upwards movement in the stock today.
Arnie


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