SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Skipper who wrote (21415)11/6/1997 9:21:00 AM
From: Jason W.  Read Replies (1) | Respond to of 61433
 
Skipper:

You might want to actually read the two reports from Reuters. The treasurer (that's the guy that should know all about the cash flow position at the Company, remember) made the first set of comments on Monday and the second set of comments on Wednesday.

I agree that this is a "warning" at best, and is really confusing. How can anyone value the Company if you can't get a handle on growth. Too much uncertainty and you know the Street hates uncertainty, especially in growth stocks.

IMO, at best, ASND is dead money for at least the next couple of quarters. At worst, ASND could struggle back up to the high 20s, maybe even 30 by year end, then get whacked back to the low 20s when it reports in January and shows 5% growth. Don't pin your hopes on this one near term.

JasonW