Ascend Archive
[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: (ASCEND) Uh-Oh ..... ;)

I'm only a semi-geek, but I did make a commitment to my Ascend because I
needed a technologically intense solution to my communications situation.

It's been a mixed bag. Under Kevin's sponsorship, Ascend upgraded a product
that didn't meet my expectations. That's good business; just as it was good
business when new cards were sent to folks after k56 was announced.

But it's crappy business to keep both users and investors in the dark when
there are difficulties in bringing technology on-line. For weeks before the
share price declined to $30 there had been rumors that Ascend wouldn't make
its quarter. And then there were columns in the Journal and Barrons about
non-communication from Ascend. And that was followed by a press release
that indicated that x-number of switches had been sold when they in fact
meant ports. The final insult came this Friday (after the close, when DJ
asked Ascend if they had comments about the rumored (probably untrue)
merger and were told nobody was available for immediate comment.) Does this
scenario sound familiar to the geeks in the crowd? 

And,  back on Sept 29th, Ejabat said the quarter is going to be missed;
weeks after the major damage had been done to the share price and ISPs
still didn't have clearly defined solutions responsive to the complaints
they were receiving.

Oh, qualifications. I trade for a living and I expect my on-line tools to
match the stability and quality of my major calculating tool, my hand held
HP. My undergraduate degree is in finance and I have an MBA in which my
major research drew (critical) conclusions on individual investors'
abilities to trade derivatives if not physically present on the floor in
Chicago.

At 05:52 PM 10/18/97 -0400, RG wrote:
>Being somewhat of a technical person and a finance major, I will just add
>my .02 to this discussion.  A company's stock, as well as market
>conditions are driven by one thing, "Expectations".  If the public
>(investors) expect a stock to go up, the demand for that stock will rise,
>and so will the price, and vice versa.  Now, people's expectations
>are subject to change b/c of a wide variety of variables.  Although I dont
>believe this to be true in this case, it is possible for a product to
>cause the price of a stock to fall. EX:
>
>People think that a certain MAX product is flaky, and this drives their 
>expectations of that product's success down.  The public then thinks that
>b/c of Ascends TOTAL investment in this product is high, and this product
>is unsuccessful, they expect the company to do bad.  The demand for
>Ascend's stock will fall, b/c people EXPECT the company to do bad.
>Falling demand results in the falling of the stocks's price.
>
>The above example is hypothetical...although it is possible for that to
>happen  :)
>
>Rob
>
>Icanect System Administration
>
>++ Ascend Users Mailing List ++
>To unsubscribe:	send unsubscribe to ascend-users-request@bungi.com
>To get FAQ'd:	<http://www.nealis.net/ascend/faq>
>
>
++ Ascend Users Mailing List ++
To unsubscribe:	send unsubscribe to ascend-users-request@bungi.com
To get FAQ'd:	<http://www.nealis.net/ascend/faq>
References: