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


To: sepku who wrote (21221)11/5/1997 12:31:00 AM
From: pass pass  Respond to of 61433
 
If Mory tried to direct our attention to Bob Dahl for insider selling issue, maybe, just maybe, Mory is not happy with Bob, perhaps the book keeping could have done better so we wouldn't have missed the quarter and pre-announced on the last day (Sept. 30)

You say Bob Dole, he says Bob Dahl, I say Duh.



To: sepku who wrote (21221)11/5/1997 12:53:00 AM
From: Chi-X  Read Replies (2) | Respond to of 61433
 
Now this new CFO hired 4 days ago (Friday) today says that ASND will do around $280 million and will meet 1998 estimates. Yesterday an ASND treasurer said 10% sequential growth meaning just about $300 million this Q. Oh, and 3 months ago around August 1st, Mory, the CEO, was proclaiming "No slowdown in sight" then a couple months later announces ASND's first earnings warning. What's the deal?

I think the ASND has a major credibility problem.


Cheers,
Chi-X hath Spoken!

"There shall be no wine, before its time."