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

To: pass pass who wrote (21209)	11/4/1997 11:56:00 PM
From: sepku	Respond to of 61433

That is a damn good point! I wonder... Style Pts.

To: pass pass who wrote (21209)	11/4/1997 11:59:00 PM
From: Brent D. Beal	Respond to of 61433

I thought about starting to nibble a little around $35, but then thought to myself--"the market was over-exuberant on the upside with this thing, I bet it'll be the reverse on the downside." It's not just the market though, management is helping out quite a bit. I thought these little get-togethers are supposed to stop irrational slumps to the downside--this one appears to have added to the problem. What a boneheaded job of dealing with the issues! This thing is going under $20. . .

To: pass pass who wrote (21209)	11/5/1997
From: Sector Investor	Read Replies (1) \| Respond to of 61433

Do they EVER get anything right??? Another supposed positive press release on the News Only thread and it contains this! <<For the first nine months of the year, Ascend LOST $172 million, or 92 cents a share, compared to a profit of $119.4 million, or 61 cents, in the year-earlier period. >> techstocks.com

To: pass pass who wrote (21209)	11/5/1997 12:02:00 AM
From: uu	Read Replies (2) \| Respond to of 61433

pass pass: aha... that could very well be the case. I am going with what was stated in the post techstocks.com, and here they mention bob Dole, but you are right Mory may have meant Bob Dahl (who sold over 300K shares - But he is still not retired and now has the position of executive VP of operations or something like that). Anyway, I am just so upset with the way management has been dealing with share holders that right now anything they say I do not believe. And I do realize Mory Ejabat's background as a Persian may have an indirect role in how he communicates with the public: sort of a tough guy who at all costs wants to keep the appearance look good eventhough inside may not! But he has to understand his company is no longer a small startup in Pasadena California whose CEO/president does not have to answer to anyone! Regards, Addi Jamshidi