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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST

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To: Sector Investor who wrote (20069)10/30/1997 11:13:00 PM
From: Nick Elkherj  Read Replies (1) of 61433
 
Sector,

When you say "it will be again", you're not implying or even hoping for anything beyond 30's over the next few months, are you? I hope you don't have the fantasy that ASCEND will reach 80 again this millenium.

I believe that ASCEND hurt too many people on WALL Street, and it might never recover on its own. As Mardy Marshall mentioned, it needs a House, a Chambers, or a Benhamou type management, if it hopes to go anywhere. Stop wasting your money and time on it. I know I have to monitor it until the end of Nov.

I think this is the last Co. out of all the major networkers that I would recommend as a buy to anyone, unless they get new management.

Nick
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