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

To: Larry J. who wrote (24415)	11/22/1997 3:06:00 PM
From: Gary Korn	Respond to of 61433

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). Larry, Your objectivity hardly seems clouded at all. You have backed up everything you have posted with substantial data and supportable analysis. No doubt that is why you allowed yourself to accumulate a substantial position in the first place. Anyway, thanks for the contributions. They have helped me stay the course. And it doesn't hurt to see 70K blocks, etc. on the buy side. Fairly consistently at that. Gary Korn

To: Larry J. who wrote (24415)	11/22/1997 9:05:00 PM
From: pass pass	Read Replies (1) \| Respond to of 61433

The recent releases are mostly positive, however, ASND mgnt has been mostly over-optimistic. This raises the question of credibility. Do you (or fund managers) trust mgnt this time (claiming "comfortable with 4Q and next year estimates")? ASND was so positive 2 weeks before the horrible 8k filing came out, then used all kinds of spin-doctoring to cover it up. Even 1 week before 3Q ended, IR returned investors calls with extremely rosy answers (just search back this thread and see related posts about dialogs with ASND IR). I have 30 some stocks in my investing/trading list, ASND's mgnt is the only company behaving like this. BTW, isn't it strange that there hasn't been any class action lawsuit against ASND? Still long but uncomfortable, GO ASND! anyway.

To: Larry J. who wrote (24415)	11/23/1997 9:44:00 AM
From: Glenn D. Rudolph	Respond to of 61433

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, I am a COMS holder. COMS has been trading as though an earnings warning will occur. This trading started prior to the downward earning revisions. I do not like it! Glenn