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


To: P2V who wrote (20756)11/3/1997 4:56:00 PM
From: uu  Respond to of 61433
 
Marden:

I decided to wait one more day before selling! Dont know why, but perhaps because I want to feel that I did not sell just based on emotion and the anger I feel toward the management today! But as it stands definitly tomorrow seems like the day I dump this stock especially in the light of CSCO's earnings (which I believe are due tomorrow - or are they?). Regardless of how CSCO's earnings end up being, ASND will go down! Because if CSCO's earnings are great it indicates that CSCO is taking the market share away from ASND, if CSCO's earnings are bad, all networkings will be hit (including and especially ASND!!

Regards,

Addi Jamshidi



To: P2V who wrote (20756)11/3/1997 4:57:00 PM
From: Jeff Mills  Read Replies (2) | Respond to of 61433
 
OTOTOTOT
Marden Marshall--
MMCN--why would you buy something like this?? Do people read the prospectus on these IPOs? MMCN has $14.2 MM of sales thru the first 9 months of 1997. That is about $4.7 MM/quarter. If my math is right, they have 28.6 MM shares x $26 close = $743 MM market cap. Please explain why you would buy a company will do LESS than $25 MM in sales this year, yet has a market cap close to 3/4 of a Billion? Just curious.