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

To: Sector Investor who wrote (28862)12/29/1997 10:46:00 PM
From: Tom Hua  Respond to of 61433
 
So, let me see if I understand - ASND being and staying down (for now)
means the company is run poorly? And when they were up the company
was great? Gee, I never knew that! I guess a lot of techs are run
poorly lately

SI, well put! It's almost ubiquitous on every thread. Stock goes up, management is a genius bunch, stock goes down, mananagement is quickly called imbeciles.



To: Sector Investor who wrote (28862)12/29/1997 11:10:00 PM
From: hal jordan  Read Replies (1) | Respond to of 61433
 
Those of us who were in ASND years ago knew that the first time they missed earnings, they would be clobbered and deep-sixed. The only question was the date they would miss earnings. They had great quarters year after year. The phenomenal growth had to stop sometime.

Will the stock come back? I think it will rise, but then there is the overall bear market in technology stocks to consider.

Hal


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