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


To: Harry Ehrlich who wrote (21628)11/6/1997 7:48:00 PM
From: mark alan rosenberg  Read Replies (2) | Respond to of 61433
 
There are big roller sophisticated investors (MIT and Harvard
graduated MBA's) who have mopped up in world market, who have
bought ASND much higher, and are buying it now, because they see
an exciting opportunity here. Sure, we may go lower, maybe 19,
and maybe not, maybe higher, this is an excellent long term value.
Stop listening to the "financial gurus" of wallstreet. Rarely
do they ever signal a good buy or a good sell. And I'm not sure
your list of reasons is "hitting on all cylinders" for the
gain of negativity.



To: Harry Ehrlich who wrote (21628)11/6/1997 10:04:00 PM
From: pete duda  Read Replies (1) | Respond to of 61433
 
Harry your short this Stock so give it a BREAK!!!



To: Harry Ehrlich who wrote (21628)11/10/1997 12:18:00 PM
From: Riskmgmt  Respond to of 61433
 
Harry; Even though you are bound to catch some flack I would agree with what you stated. I wish that I had read your post before I bought the stock-my own fault I didn't do my homework.
I don't like to see anyone lose money, including me and so I think that it is good to look at the cons as well as the pros.
I am tired of reading how this stock is a good buy because of how low it is from it's high. How about low high it is compared with it's low of $2!! And compared to it's projected current growth rate.

I am not Bearish longer term the company should recover and again ascend in price but first management has to fix of problems-wishing it better will not do it.

Regards,

Ray