Ascend Communications (ASND) Message Board

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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: Maverick who wrote (12132)	9/12/1997 7:45:00 PM
From: Gary Korn	of 61433

Maverick, you just posted a very analytical and well reasoned email. Thanks. I was away from the computer today and, looking back, I'm glad I missed the pain of today's action. Worst case, the stock can drop 2.5 points only 14 more times, so perhaps I should just do a Rip Van Winkle and come back in 15 days for the upswing. I'm in ASND, and I'm going to stay in and average down more if/when the dust settles, but I'm dumfounded by the now constant barrage of negative news. You would think this almost billion dollar company is about to declare bankruptcy instead of being, as it is, a dominant player in Asia (where it has 75% of some markets) and a key player elsewhere, all in the rapidly growing internet market. Do growing pains (if that is what they are) really warrant a sale of this magnitude??? Unlike Maverick's useful post, I suppose this one is rather pointless, but I needed to vent and I therefore beg forbearance from all of you. I'll hang tough. Gary Korn

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