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


To: muleskinner who wrote (28631)12/24/1997 2:25:00 AM
From: pass pass  Read Replies (2) | Respond to of 61433
 
Is this why a lot of companies (Ascend, 3Com, Cabletron, Oracle, SGI, and so on) are hiding the truth because they know the shareholders are in lose-lose situation? As shareholders, we lose when we trust the companies' lies, but we can't win either by filing class-action. And the ambulance-chasing lawyers can't win the case without shareholders' strong support. So is there any incentive for the companies to be honest?



To: muleskinner who wrote (28631)12/24/1997 8:19:00 AM
From: Stan Walker  Respond to of 61433
 
Muleskinner, I didn't have to do anything except endorse the checks. If I had not wanted to participate in the class action I would have had to notify the attorneys, otherwise there was nothing I had to do. Regards, Stan