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Technology Stocks : Ascend Communications (ASND)
ASND 206.70+1.8%2:38 PM EST

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To: Kumar Nathan who wrote (9933)8/28/1997 9:04:00 AM
From: DAVID BANISTER   of 61433
 
I agree, I sold 36% of my position at 44 7/8 yesterday...will hold the rest...

I am waitng for a better opp to get back in, Im still bullish long term, but
wall street is very short term oriented nowadays. If i can snab some shares below
40, I will load back up...Im long on the rest...figured I'd take some off the
table and wait a bit...I also dont have much confidence in this quarter either.
However, I dont think its a direct reflection on any problems with Ascend itself.
Just transition issues and corporate delays in purchasing and making decisions.
SMall caps are where its at...so Im looking for a good one...any ideas...pass
them to Dbanister@juno.com.... out
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