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Technology Stocks : Ascend Communications (ASND)
ASND 201.40+2.3%Dec 10 3:59 PM EST

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To: Jeff Mills who wrote (22420)11/11/1997 1:12:00 AM
From: uu   of 61433
 
Jeff:

You state:
> no one has talked about the potential event of ASND going out
> of business, filing for Chapter 11...


After a really deepressing day with the high tech stocks in my portfolio I did not think anything could bring a smile to my face, but your above statement sure did the job!

I think you may want to write the management and point this notion of Chapter 11 to them especially in light of the massive R&D hiring and spending that they have just started to launche (actually started last Friday)! It sure is absolutely ridiculous for them to spend all the money on hiring all these expensive Silicon Valley engineers just before going chapter 11!!

Regards,

Addi Jamshidi
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