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Technology Stocks : Ascend Communications (ASND)
ASND 213.290.0%Jan 2 9:30 AM EST

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To: Richard Tuck who wrote (9979)8/28/1997 10:31:00 AM
From: vegetarian   of 61433
 
>>I am a new investor in ASND (at 46 1/8) and generally take the long term view.

IMO the long term prospects of the company are pretty good.
I think the management is very conscious about stock price
(possibly bacause of their options package to ALL employees) and is
upbeat more often but I don't see that as bad as compared to
other company management which sits very tight with any news
or plans; but I would not directly accept management's forecast
unless I do my own analysis.
But the company is in a great growth area and if you plan to hold
for more than a few years you should do well.
It may see some down side in the near term in next few months.
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