Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: beetle12 who wrote (23999)	11/19/1997 8:11:00 AM
From: Narotham Reddy	Respond to of 61433

Futures Down, Weak opening ahead New York: Nov 19(Reuter) - The Dow was expected to open 40 to 50 points lower after anohter overnight slide in Asian stocks, analysts said. "I don't think it is going to stay down for long after the better informed investor realises that the Japanese Prime Minister is not going to be the last word in propping up the Japanese banking industry", said Thom Brown, managing director of Rutherford Brown and Catherwood. S&P stock futures are down 4.60 at 938.20. The long bond up 9/32 to yied 6.05 per cent. Narotham

To: beetle12 who wrote (23999)	11/19/1997 9:14:00 AM
From: beetle12	Respond to of 61433

People, on this day, at this hour, feel free to purchase huge amounts of ASND stock and if you do not, that will be fine as well.

To: beetle12 who wrote (23999)	11/19/1997 10:32:00 AM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

I have been a little apprehensive about letting my views be known because I was attacked on some of the things I said John, Keep posting! You've added much to the debate, so please don't let an attack stop you! And we all are wrong plenty of times. If we were so brilliant, we would all be Bill Gates I guess, or at least have as much money as he. Where is ASND going from here? I'm of the opinion, often expressed, that it will be acquired. Even if not, the company has publicly stated through its new, respected, CFO that Q4 and FY98 earnings are going to be fine, so I don't see a lot of downside potential. Mostly, absent an acquisition, I suspect the stock will idle until earnings become more apparent or news is released (unless the market just tanks terribly...in which case all stocks will go with it). But my opinion is just that, an opinion. Anyway, please keep posting! Gary Korn