SI
SI
discoversearch

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: Gabor who wrote (28305)12/18/1997 6:28:00 PM
From: hal jordan  Read Replies (4) | Respond to of 61433
 
>The CEO at asnd told a friend of mine that it will take three yrs for this stock to come back<

Three years is an incredibly long time in this industry. Anything can happen. Maybe he thinks xDSL sales will kick in then. If the CEO really made this statement--it stinks.

Hal



To: Gabor who wrote (28305)12/18/1997 8:16:00 PM
From: sunfish  Respond to of 61433
 
This year I lost big time. The CEO at asnd told a friend of mine that it will take three yrs for this stock to come back

Trying to make up your BIG TIME LOSSES on the backs of anyone gullible enough to care about an unlikely and unsubstantiated rumour like the one you posted??

Hey what am I doing, if everyone at SI panics on this rumor, I can pick up some more ASND at 1/64 less!



To: Gabor who wrote (28305)12/19/1997 2:00:00 AM
From: pass pass  Respond to of 61433
 
If you have a friend that close to ASND's CEO, you should just work for your friend instead of doing day-trading.



To: Gabor who wrote (28305)12/19/1997 2:21:00 AM
From: bucky89  Read Replies (1) | Respond to of 61433
 
>The CEO at asnd told a friend of mine that it will take three yrs for >this stock to come back

I find it utterly incredible that the CEO would believe or say something like this. Ascend has been a public company for barely three years! How can he possibly think it will take him that long to undo the problems of the last few months? He has continuously maintained in public that the problems are short term in nature. If ASND were in this much trouble, there would be no way he could survive as CEO after making these public statements.

I like to lurk on this thread because of very helpful people like Maverick and Gary Korn who give useful and CREDIBLE information to help the amateur investor. But something like this, submitted by an anonymous entity, is obviously false and intended to manipulate fearful Ascend investors into selling.

Josh Tseng



To: Gabor who wrote (28305)12/19/1997 2:33:00 AM
From: HammerHead  Read Replies (1) | Respond to of 61433
 
>>The CEO at asnd told a friend of mine that it will take three yrs for this stock to come back<<
If the price can come back to $80 in three yrs I will buy it.