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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 3:59 PM EST

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To: werefrog who wrote (12549)9/17/1997 2:25:00 PM
From: Nazbuster   of 61433
 
"Lower earnings est. = Lower stock price. Never fails. Have found if you are holding a stock, as soon as you see earnings lowered, sell immediately."

James, took your advice (after taking a beating in ASND) and sold Oracle for small loss today to buy last block of ASND. Lower earnings estimates and downgrades reported: off 3.00.
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