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

To: Chi-X who wrote (21228)	11/5/1997 1:08:00 AM
From: Kumar Nathan	Respond to of 61433

Chi X: I think ASND Mgmt has utter disregard to shareholders. They should be ashamed of themselves for giving such a false, reckless and irresponsible outlook. Tommorrow if Mory say that he is stepping down. This stock will go back to 50 level within option expiration. That is guaranteed. All the analysts are pretty upset with these jockers. Especially, Merrill and Cowen. I like Cowen guy. He was the first one to put the cold water in the party. Looking back, I realize what he did was a responsible thing to do. This was when ASND was 57. After that he was pretty quite and never changed his opinion. Regards Kumar

To: Chi-X who wrote (21228)	11/5/1997 3:22:00 AM
From: Larry J.	Read Replies (1) \| Respond to of 61433

<<<I think the ASND has a major credibility problem>>> I totally disagree, beginning tomorrow! Am I missing something or is the thread underestimating the significance of Ashby's comments today! Here is the new CFO 3 days on the new job and states the most clear, concise information regarding future earnings, meeting estimates, etc. to come out in months and people are still talking about picking up shares in the low $20's or even teens. DREAM ON!!!! I do not think that even Mory Ejabat is stupid enough to permit this press release from the new CFO unless he was damn sure that the number was in the bag! They are posturing well for upside surprises and upgrades. Nov. 4 will have proven to be the best day to buy ASND shares. Larry