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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: john p. carney who wrote (19647)10/29/1997 2:18:00 PM
From: Izzy  Read Replies (1) | Respond to of 61433
 
Why don't they change the name of the company from "Ascend" to "Descend"? Maybe the price would then go up. I'm not selling at these give-away prices.



To: john p. carney who wrote (19647)10/29/1997 2:22:00 PM
From: Andie Wei-Ku Lin  Read Replies (1) | Respond to of 61433
 
So...what we are seeing is that Ascend cannot benefit from
the contracts it announces, but can be hit by contracts it
does not receive...fishy. :-)

Also...an ask size in the 400's versus a bid size in the teens
doesn't look very nice.

The Nasdaq is not all that weak today, and the Dow is doing
just fine. Ascend is falling off a cliff.

I'd like to hear from Tim and other's who said Ascend wouldn't rise
any time soon. What do they know that we don't? Or do they
just have a "feeling"? Any insight to changes in the busines
model? Etc.?



To: john p. carney who wrote (19647)10/29/1997 2:22:00 PM
From: Finder  Read Replies (1) | Respond to of 61433
 
Ascend just continues to fall. This really sucks.

Heavy selling no buyers.

This stock is really under attack.



To: john p. carney who wrote (19647)10/29/1997 2:56:00 PM
From: Pullin-GS  Respond to of 61433
 
Yep...sure is...in a big way. ASND 26s now and falling.
I gave the thread heads up...hope some cut losses. I lost $500 on a botched ASND trade. :-( I knew better...kicking myself now.



To: john p. carney who wrote (19647)10/29/1997 3:09:00 PM
From: moose  Respond to of 61433
 
GDC gets multi year deal with LU, worth up to 90 mill. Question, was ASND in the running or does ASND just look less likely as a buy out!