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Technology Stocks : Ascend Communications (ASND)
ASND 219.98-0.3%10:45 AM EST

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To: Andie Wei-Ku Lin who wrote (13559)9/19/1997 10:12:00 AM
From: Jason W.   of 61433
 
Andie:

COMS has not warned about anything. About 4 weeks ago, COMS made some noise (but did not warn) that this could be a difficult quarter for them, but that the merger was going OK. So most of the uncertainty about earnings is already in the price. The minor price decrease is just earnings jitters, since COMS reports next Tuesday.

With respect to ASND, I think that the "COMS effect" will have a minor impact at most. To jump out of ASND because of the COMS effect is vastly overestimating the impact of COMS in light of what's happened to ASND since a week ago Wednesday. At this level, ASND is a screaming buy for investors. For short term traders, good luck.

By the way, whatever happened to the Maverick Trading thread and the IRC chat room? Is that working out well?

Good Trading.

JasonW
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