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


To: pat mudge who wrote (40173)3/19/1998 2:05:00 PM
From: Teddy  Read Replies (2) | Respond to of 61433
 
RE: "They said publicly they would."
Pat, you might want to read this, its about the last time Mory said...
techstocks.com

...Chien said she was particularly concerned about a July
investors conference at which Ejabat said business was strong.
Less than two weeks later, Ascend filed a report with the
Securities & Exchange Commission showing that business in July
was well below analysts' expectations...



To: pat mudge who wrote (40173)3/19/1998 2:06:00 PM
From: blankmind  Read Replies (1) | Respond to of 61433
 
this is they type of thinking that is pushing the price down. fear somehow asnd will not make the quarter, although they have already stated they will, and even someone such as yourself who heard the statement, is not believed because of other networkers having warned.

the shorts can run wild currently, and should, it is there time as doubt reigns. but even with all the selling, the price still is not at 30, what happens when these positions begin to unwind next week? i may be early and hope i am not just holding the door, but believe next week will be most positive as we return to fundamentals and positions unwind.