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

To: Chris Steele who wrote (21496)	11/6/1997 11:26:00 AM
From: mark alan rosenberg	Read Replies (1) \| Respond to of 61433

Cris: Today? Or last evening? If they are bashing along with the bandwagon, somebody wants this stock to go down. I wonder when the take-over bid is coming? Mark

To: Chris Steele who wrote (21496)	11/6/1997 11:59:00 AM
From: Chi-X	Read Replies (1) \| Respond to of 61433

You can see ASND's credibility problem with a comparison of Monday & Wednesday's articles: MONDAY - Reuters "Ascend, a maker of telecommunication gear for Internet service providers and online services, also said it expects revenue growth of about 10 percent sequentially from quarter to quarter for the next few quarters." WEDNESDAY - Reuters "Sequential revenue growth will increase closer to 10 percent in the second half of 1998, said Bernie Schneider, Ascend treasurer and corporate vice president." Monday they inferred 10% quarter to quarter growth for next two quarters. Now on Wednesday, they are saying 10% growth second half of 98. On Monday they said 10% next quarter, now Wednesday they're saying it could be 5%. That's half of what it was Monday. What's the deal!?!? The brokerages sure weren't kidding when they said ASND has a credibility problem. I think they should fire Mory. Stock would probably pop over $30 easily. Chow, Chi-X hath Spoken! "There shall be no wine, before its time."