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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST

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To: AlanH who wrote (40255)3/19/1998 6:30:00 PM
From: Jan Crawley   of 61433
 
Alan,

Thank you very much for your analysis. Your intepretations are interesting and insightful.

I assume that your opionion/observation with the following caveat still...

The hunch is purely technical, not based on any fundamentals.

No offense intended, I often wondered how/why do people decide to short certain stocks at certain points... I guess sometimes just purely technical...trading momentum...

I really hope that you miss this time; because I would like to see $35 or a price close to it. I do think $35 is a reasonable value for Asnd before 1Q earnings. If our earnings are on target, Asnd will be higher.

Very best to you,

Jan
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