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Re: (ASCEND) Ascend stock
I have an investment friend who stated the following reasons for the
stock's decline:
- TNT ain't doing well -- sw not ready for Europe and it supposedly
cannot handle a full load (any insight?)
- per port pricing is going downhill (great for ISP's)
- ISP's aren't buying as much with consolidation in the industry
- xdsl and GRF have not taken off the way Ascend thought (I have heard
mostly good things about the GRF though)
It sure seems like things will get better. The internet is not
shrinking. To buy or not to buy?
> Anyone got a clue as to why Ascend's stock is plumeting? In the last 6
> months it has gone from 55 to 25.
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