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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: gbh who wrote (40975)3/25/1998 1:26:00 PM
From: Gianluca Bacchiocchi   of 61433
 
Congratulations to the longs that did not join in the chorus of "The Sky is Falling" the last few weeks. The way I view Ascend and the market in general, is that very little makes sense in the short term, but in the long term the truth tends to be reflected in the stock price. Basically, the drop since the beginning of March, and even this rally now, does not mean very much. What does matter is that each rally continues to take us higher than we were before, and eventually we will enter the promised land. IMO

GB
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