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


To: gbh who wrote (55499)10/7/1998 11:25:00 PM
From: James A. Venooker  Read Replies (1) | Respond to of 61433
 
Dear Gary,

No, I don't believe every stock in the market is being manipulated, and believe me, I have a grip.

I know this, ASND reports earnings on the 19th. The whisper numbers are for ASND to be 2-3 cents ahead of estimates, ASND is rumored by every paper, analyst, etc., to be in play, with LU the likely suitor.
The company's long term looks great, the short term looks great, and to boot we have a player. Meanwhile, the stock is down from 50ish to current levels as low as 34. I don't give a flying f- if the market is crumbling, this stock has winner written all over it, yet is taking a basting. So, you ask me why I think the stock is being manipulated, I think I just answered that!

regards,

Jamie