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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST

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To: Kumar Nathan who wrote (10051)8/28/1997 7:29:00 PM
From: hitesh puri   of 61433
 
Kumar and ALL, wait for the Solomon Technology conference next week. The management has to speak then. From all the reports I have read yesterday and today a lot hinges on this conference (in terms of guidance of the quarter) and the ITU meeting 2 weeks from now. I would not be very surprised to see this stock totally shattered by the impatient short term traders who just look minutes or at the most days ahead. I will be an aggressive buyer in the low 30's. It may sound strange but I am preparing myself for it so I am not shocked by pain but rather by delight as I look a year ahead for 100% appreciation.

-hitesh
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