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Technology Stocks : Ascend Communications (ASND)
ASND 213.36-3.3%3:59 PM EST

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To: Jeffery E. Forrest who wrote (12090)9/12/1997 6:01:00 PM
From: Peter Yang   of 61433
 
As 9/7/97

Book Value Per Share ($) $5.19
Shares Outstanding (000's) 188864
% Held by Institutions 53.0

With the cash reserve on hand, the big float and the low price, ASND
should anounce a share buy back plan and that should boost the
earnings per share. Maybe they are working out something this
weekend.

I believe many employees at ASND feel the same (or worse) pain as us
since many of them must hold a lot of shares than we do.
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