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


To: Kumar Nathan who wrote (22489)11/10/1997 9:33:00 PM
From: pass pass  Read Replies (1) | Respond to of 61433
 
Yes, this stock is heading to $13 which gives price/sales ratio of 2. I'll average down by then using my Christmas bonus. What ASND shoud do now is to hire the best engineers, the best managers from CSCO or COMS or LU, using stock option. At this price, I'd love to join the company and see my stock option value triples in couple of years. Cisco pays $70k salary for an engineer and he gets about $125k/year or so from stock option plan. But if I'd take ASND offer if both companies offer same dollar amount of shares.



To: Kumar Nathan who wrote (22489)11/10/1997 9:41:00 PM
From: Jeff Jordan  Respond to of 61433
 
Mory knows that he would more bang for bucks if he waits further and open his
mouth.


Kum..

I would rather he open his wallet and make a substantial Insider purchase! This would make an immediate impression! And I believe would move the stock.

JJ