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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST
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To: Gary Wisdom who wrote (39675)3/17/1998 10:13:00 PM
From: Larry J.   of 61433
 
Gary,

Fortunately I bought only a limited # of shares(BAY) near the bottom for the day (25 5/8). Since the outlook a quarter out is quite positive and BAY has already suffered a 25% pullback damages should be mitigated. I think David House has considerable credibility on the street (unlike another CEO near and dear to our $$$) and his statement will way heavily. I doubt it trades below $24 and closes over $25.

Regards,

Larry
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