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Technology Stocks : Ascend Communications (ASND)
ASND 200.28-1.0%Dec 3 3:59 PM EST

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To: Kumar Nathan who wrote (13124)9/17/1997 1:21:00 AM
From: Gary Korn   of 61433
 
<Casey: I have spoken to several IR people. I am able to sense that these guys are
very confident. Recent NTT deal is part of the good news that are yet to come.>

Kumar and Casey,

As promised, I sold my ASND shares first thing this morning and took a small short position. Of course, the stock rose. At the close of business today, and in order to "average up," I placed a substantial market order to sell short additional stock. With the above news released tonite, I'm hopeful that I can catch an "uptick" so that the short sale will be executed, assuring me of quite a large short position as soon as the market opens tomorrow.

Gary Korn
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