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


To: Gary Korn who wrote (22043)11/8/1997 1:14:00 AM
From: invest04  Read Replies (1) | Respond to of 61433
 
Gary...I give ya alot of credit for answering a ridiculous question on a straight level...

"It would be interesting to see if Morey and other insiders SOLD a ton of ASND or are long?"...Marcie McGovern

You answered it accurately (of course)...Morey sold 15,000 shares out of 1,300,000...

Sorry, but I'm on the verge of losing it with folks like her making those kind of ridiculous statements leading to false inferences...haven't you folks on this thread had enuf of it? Oh my gosh, Morey sold 15,000 shares worth X $$$'s...who gives a s***? For heaven's sake, the man has over 1 million shares...hello, hello?

Folks, stomp on this s***! If someone is making a factually inaccurate statement, speak up...otherwise, lots of meek folks read these threads, believe it, and act on what they read.

Sorry, but the level of factual misrepresentation here, has risen to an all time high...if you're short (and that's ok with me, I do it all the time), just state your darn reason...you don't have to turn black into white, and if you do, you're in a pretty piss poor trade...

Ok, I feel better!



To: Gary Korn who wrote (22043)11/8/1997 1:19:00 AM
From: x-treme  Respond to of 61433
 
Everyone compares the current price ($24) to the all time high ($80). The stock moves in swings, it went to 80 from the $50 range and came back shortly now with a little bad news it will swing down to the low $20's possibly the teens but be back to the 40-50 range when the earnings are made in two months.

If you wait till january to sell then you will make a 100% return on what your shares are currently worth, now that's a good return.

I would like to know what everyone thinks asnd will be at if they meet there earnings. I say the low 40's.