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Technology Stocks : Ascend Communications (ASND)
ASND 220.58+5.0%Dec 12 3:59 PM EST

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To: Immi who wrote (7367)7/25/1997 3:17:00 PM
From: Raj Ramaswamy   of 61433
 
I agree with you. I have no doubt at all on the long-term potential
on ASND. I being a small investors, I cannot afford to buy such as
ASND and wait for that long. Technology keeps changing and they way
the industry is now, quarter to quarter is what I look forward.

ASND may go up in short term but the "Upside potential" is much more
in COMS than in ASND. Simply because after the earnings fever, ASND
has not appreciated much. So I for one, don't know how much "earnings and market strength EXPECTATIONS" is built into ASND's current price.
If I had more money I may buy ASND on dips. But the dip is getting
deeper for ASND unlike COMS. So rather parking money on ASND, short play on COMS is much more attractive. That's my strategy.

Raj
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