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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: Robert Scott who wrote (16403)10/6/1997 7:36:00 PM
From: casey (guessed password)   of 61433
 
ROBERT - Thank you counsel for your wise opinion. I have not been negative on ASND because I "got burned," (bought 1100shrs on 6/10 @ 42 3/4, sold those on 7/2 @ 47 5/8; bought 1000shrs on 7/3 @ 49 3/8, sold those on 7/14 @ 52 - those are my ONLY trades) but rather because things just didn't look right in my opinion. And yes, there was a BIG temptation @ 32 1/4 a couple of weeks ago today - but as I've said before "I'd rather be sitting on a keg of dynamite in a Laurel and Hardy movie than hold ASND overnight before they either warn or announce." And I wasn't willing to 'day-trade' any longer in this stock until that happened. - I believe they will report on Friday, and after that a lot of unanswered questions will be satisfied.

Good luck, casey
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