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


To: hal jordan who wrote (28306)12/18/1997 8:32:00 PM
From: SMALL FRY  Read Replies (1) | Respond to of 61433
 
Not very many CEO's will stay in place for long making side comments like that.

Regards



To: hal jordan who wrote (28306)12/18/1997 8:56:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
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, I doubt Mory does knows any more about how the market will treat Ascend's stock than many of us. He may have a better feel for the company's fundamental prospects although not a long ways out. The market treats stocks based on factors that often have no logic. Glenn



To: hal jordan who wrote (28306)12/19/1997 8:23:00 AM
From: gerard mangiardi  Read Replies (1) | Respond to of 61433
 
I would be happy if a 25 dollar stock today trades at 80 dollars a share in three years.



To: hal jordan who wrote (28306)12/19/1997 5:47:00 PM
From: Gabor  Respond to of 61433
 
You are right.Who knows who is telling the truth any more