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


To: Moenar who wrote (21107)11/4/1997 5:12:00 PM
From: Andreas Samson  Read Replies (1) | Respond to of 61433
 
ASND IS OFFICIALLY 'REBUILDING'

This is the first time I've seen this phrase 'rebuild' used by an ASND official. Funny, they weren't saying 'rebuild' last month, or last quarter.

'We need to produce a couple of good, credible and
consistent quarters,'' said Ashby. ''Over the next two or three
quarters, we'll start to rebuild the business and get back onto
the growth track.''

Ouch.



To: Moenar who wrote (21107)11/4/1997 5:33:00 PM
From: Scott  Respond to of 61433
 
This press release was at 2:30pm if you look at day chart you can see that stock bottomed at 2:30pm ..24.75