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: paul lin who wrote (28641)12/24/1997 3:11:00 PM
From: MMW  Read Replies (1) | Respond to of 61433
 
We always hope that those law suit would keep insider honest. But you
look at ASND situation, it may be not so convincing that insiders are
manipulating the stock price. I think they may as surprise as we are
in terms of revenue short fall. It looks like those insider sold stock
at panic. If you look back, those guys did not get out at 50's.

I am not trying to defend anyone inside the company. I don't like the
way they operate in terms of delivering a product. As a share holder,
I share the pain with you. The only thing I like to point out is the
following: we are not getting any benifit from law suit. The lawyers
do. Another thing is that don't trust those so called analyst. The
purpose for those people exist is to get money from us, small investor.

Cheers!

Mike