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


To: Sector Investor who wrote (29287)1/4/1998 2:52:00 PM
From: JR2  Read Replies (1) | Respond to of 61433
 
Are you concerned that in 97 all of the insiders unloaded heavily at 60 bucks and higher? NOW they are willing to accept 40$ The class action suits against them point out arguments which are unfortunately compelling. They told analysts that they have sales with 7 baby bells when they only had 2 baby bells generating revenue. Insiders sell for different reasons... but they were all fighting for the exits within a qtr of BAD news coming out. 7x sales still seems very optimistic in a most competitive field which you pointed out is ALSO growing... I WANT U to be right... please convince me further if u have the time. SHVA? CS? Can either of those prosper in this growing field? Much Obliged for your comments...JR2