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Technology Stocks : Ascend Communications (ASND)
ASND 197.52-2.0%12:46 PM EST

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To: CJ who wrote (61426)1/21/2000 2:25:00 PM
From: Dee Jay  Read Replies (1) of 61433
 
we of the long memories and longer view recall it wasn't that many months ago when Mory and Crew failed to execute properly and ASND really, really tanked. Those of us who saw the fundamental value in the company took it as an opportunity to dollar average down or otherwise reinvest - and along came a suitor known as LUcentious and swept us away at a nice price.

Taking the long view means more than the present and next quarter. As some guru said on CNBC today Q3 will be the one when LU gets out of the current bind and thus now is a good buying opportunity.

In the meantime take a look at MRVC. up mightily these past few weeks it has a lot more to go considering the forces at work now and its positioning in the optical market (they know how to execute, Mr. Ginn!). A double on the near horizon? Quite possibly.

Dee Jay
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