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


To: Captain James T. Kirk who wrote (24806)11/26/1997 6:42:00 PM
From: Teddy  Read Replies (2) | Respond to of 61433
 
Captain, why did you think that this company (AWRE), which is laying off people, is a buy at $10?
On Oct 16 Jim Bender, president and chief executive officer of Aware stated:''Our disappointing earnings are a reflection of the general
state of the ADSL market, which appears to be developing more slowly than expected. Although we are increasingly confident
that the ADSL market will be large, we believe that most of the major service providers are still a few quarters away from the
beginning of high-volume ADSL deployment.
''

Wouldn't it make more cents (pun intended) to waite for the sell off over the next few weeks and buy at $6.75?



To: Captain James T. Kirk who wrote (24806)11/26/1997 7:02:00 PM
From: uu  Read Replies (1) | Respond to of 61433
 
AWRE has a price to sales ratio of 36!! Anyone who buys this stock must really have a lot of guts (not to mention B*lls)(!; And I do salute such brave gamblers! This stock can easily go to $0.50-$1/shr with the slightest disappointment in revenue and/or earnings (which by the way does not seem to be there), and/or just for the heck of it! Again I salute all those who are brave enough to buy this stock and go where not too many gamblers are willing to go!

Just my humble opinion.

Regards,

Addi Jamshidi