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Technology Stocks : ASCEND 1997 : The reasons why it will descend.
ASND 201.40+2.3%Dec 10 3:59 PM EST

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To: LEUTHY who wrote (3)1/15/1997 4:05:00 PM
From: Skipper   of 122
 
LEUTHY,

The GRF 400 and MAX TNT will pick up where the MAX 4000 leaves off.
There have been lots of recent press releases to support this; let me
know if you need the URLs. This company has a lot of mileage left in
it. Management has already stated that 20%-25% quarter to quarter
growth is sustainable, so no suprises there. It's amazing to me when
people talk as if the market is unaware. They are extremely well
aware of the situation. If the company performs as it has stated and
there are no downward revisions and the market itself is bullish, then
the stock will continue to do well. Of course, the herd may panic at
any time. The question of overvalued or undervalued is purely
subjective. The company's fundamentals remain strong and consistent
with its growth and maturation. Predictions of the demise of this
company have more to do with the predictor's game plan than with the
facts.

Of course, the stock will fluctuate and needs to be played carefully,
but an overall increase in price is what you will see in 1997.

BTW, why did you insert your own comment into the quote from
management's discussion? I suggest you make the appropriate
correction.

Skipper
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