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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST

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To: Howard Feinstein who wrote (12103)9/12/1997 6:24:00 PM
From: BBoron   of 61433
 
I really don't think ASND has come close to finding support. That $40 level was so important to maintain....and now I'm afraid I see ASND falling to the $20's after they announce poor 3Q earnings. At which point I will be looking to possible buy(this depends on sector outlook, market outlook, if ASND has their stuff together, and if the smear campaign has subsided). The writing has been on the wall for quite sometime here concerning earnings shortfalls, lower profit margins, and increased competition. Does anyone have any reasons to be buying ASND here before earnings??? What's up Darrin if you are reading this....give me a call this weekend to discuss ASND if you want.

Brian
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