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


To: Glenn D. Rudolph who wrote (24413)11/22/1997 2:50:00 PM
From: Larry J.  Read Replies (3) | Respond to of 61433
 
Glenn,

I recognize that my objectivity regarding ASND may be clouded as my interest is substantial, however, I read all the news on Ascend and encourage others to post anything they come across (particularly negative).

Unless I'm missing something, the general consensus from press and independent news releases, company guidance, and other sources is positive on the quarter and on next year.

If ASND fails to rally or back-pedals over the short term its more likely to be the result of overall selling pressure in the sector rather than anything specific to ASND. While not a shareholder of COMS at the moment, I am concerned regarding an early earnings warning, and its impact on the group. (just cut from $2.40 to $1.40 ish,, ouch)

Larry