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

To: uu who wrote (20397)	11/1/1997 3:48:00 PM
From: pass pass	Read Replies (2) \| Respond to of 61433

Insider selling at this level is very damaging for ASND recovery. This is exactly why CSCC (if still existed) went from 90 to teens. There is a possiblity that this quarter is again in trouble (because Japan and Euro have not changed in the past few months and those markets were said to be the reason for ASND tanking). All of a sudden, we seem to have a oversupply of network gear-makers, just like chips. With a Price/Sales ratio of 5, ASND is still more expensive than Bay,3com, or CS. God help ASND investors.