Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

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To: Sector Investor who wrote (11640)	9/11/1997 12:50:00 PM
From: Gary Korn	of 61433

<That's exactly what they want you to feel and panic. To sell now is a mistake, IMO.> I fully agree. ASND is showing strength at this level: Before the DOW tanked today, ASND was already down (pre-opening) to below 37. Since then, the DOW has been going down and down (currently down 137), yet ASND has gone up from its pre-opening asking price (to about 37 3/8 now). Over the past few weeks, ASND has declined along with the DOW (and of course more so). Essentially, now, it has started to buck the trend. It really seems to me that the wash out is over and done with and the base has been formed. Beyond that, if Tim Luke is in this stock, that's good enough for me after his last call! Gary Korn

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