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


To: Jeff Jordan who wrote (21078)11/4/1997 3:58:00 PM
From: uu  Read Replies (1) | Respond to of 61433
 
You know, about a month ago when ASND hit the $32-$35 range (the 52 week low at the time), I said who would in his right mind sell ASND at these levels?! And I even said the big sucker of all was that who bought ASND at $80 and sold at $32! Well, now after seeing how the management is behaving and the slow down that is taking place in ASND's business (thanks to CSCO!), I wonder who was the sucker of all: Myself who hold on to the stock at $32 or those who got out at $32 (which incidently include Mory Ejabat and his top management team)!!! In fact I wonder if Ejabat is actually shorting ASND right now!! After seeing how sleezy the management has been nothing surprises me anymore!

So where are those idiotic take over rumors and how come the big boys are not buying them yet?!! All I need is a few points up to the low 30's and can take the bullet and my 1997 tax write off.

Regards,

Addi Jamshidi