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Technology Stocks : Ascend Communications (ASND)
ASND 212.00-0.6%3:59 PM EST

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To: Jeffery E. Forrest who wrote (12068)9/12/1997 4:57:00 PM
From: Greg Jung   of 61433
 
I was going to trade it, now I'm stuck with investing.

Broke my own rules about waiting on this stock. Oh well, now I will follow them and for the same amount of money I can buy 2x as much
(at $20). Management will arrive at an estimate after they've squeezed all the promises they can from their customers. Also they will be working 24/7 on spin control but it has to be enhanced because there are fewer wall street cheerleaders.

Hopefully the overall market will be healthy enough to maintain my margin, and if I'm lucky we will have another 3com miracle. - they do seem to come about twice a year (on either end of the trade).

Greg
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