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Technology Stocks : Ascend Communications (ASND)
ASND 205.83-4.3%Jan 16 9:30 AM EST

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To: Tim Luke who wrote (10326)9/2/1997 8:15:00 PM
From: Glenn D. Rudolph   of 61433
 
So if asnd falls to the mid 30's after earnings you will see a ton of buying of the stock and it could gain 10 points within a few weeks after earnings. Remember everyone is scared now thats why asnd was down today as soon as the news is out good or bad asnd will start its move back up but it won't happen until then. Its only my opinion Tim, I value your opinion. I agree ASND will not go very high until after earnings. I amnot so sure they will not make their numbers. However, I also agree the stock will go up if they make the numbers or not. I do not wish to exit my positions at a loss because a pop could occur with an upgrade which is not out of the question. I believe I will be patient and wait the market's fear out. The same goes for COMS. Glenn
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