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

To: getgo234 who wrote (28884)12/30/1997 12:35:00 PM
From: Finder  Read Replies (3) | Respond to of 61433
 

>>COMS stock price is moving, currently $36(up from its recent low of approx $28 while ASND hovers near its low of $22. Any thoughts on why the treet is moving money into COMS while staying away from ASND ?
What has COMS done to convince the street that the worse is over ?<<

Answer: Their management was honest with the Street while Mory was not. We are paying the price not management. They got their options adjusted for lower exercise price. No one lowered our purchase price.



To: getgo234 who wrote (28884)12/30/1997 1:16:00 PM
From: vegetarian  Respond to of 61433
 
>>COMS stock price is moving, currently $36(up from its recent low of approx $28) while ASND hovers near its low of $22. <<

I agree, very unfair; but don't be too concerned parity will be achieved when COMS hits ASND price in not too distant future :-)
ASND's price action could be attributed to more severe tax loss selling than others but lack of buying indicates even value players are shying away; may have further downside till earnings.


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