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

To: blankmind who wrote (21506)11/6/1997 12:41:00 PM
From: G. Richmond  Read Replies (2) | Respond to of 61433
 
Blankmind,

I think these are normal prices and the bluelight special is around the corner. Personally I think Ascend is a very poorly managed company and because of that have resisted buying into the hype. At these prices I'm actually starting to think about it. I'm waiting for this puppy to go horizontal for a month or 2 and then I'll get in, maybe. I'm still concerned that with the mass exodus of employees, they won't be able to deliver the next gen products to push the stock back up.

- G



To: blankmind who wrote (21506)11/6/1997 1:15:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 61433
 
They say that if you put a frog in a vessel containing hot water, it will jump out immediately. But if you put it in a vessel containing water at room temperature and heat the water gradually, it is unable to make up its mind whether to jump out or not, and will just sit there, and eventually get cooked!

I think this is what will happen to ASND shareholders over the next two quarters (i.e. the next six long months)...


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