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Technology Stocks : Ascend Communications (ASND)
ASND 212.55+1.2%Nov 28 12:59 PM EST

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To: Christopher White who wrote (13452)9/18/1997 5:03:00 PM
From: Jeffrey L. Henken   of 61433
 
Chris you said:>>There isn't any manipulation by the brokerage industry in ASND stock...the only manipulation in the stock is from the management of ASND who talk it up with predictions that they can't meet.<<

When hasn't ASND met estimates? All I know is that when a stock is downgraded it moves down. When a stock is upgraded the stock moves up. In either case only the brokerage industry benefits from the trading of the shares in both directions.

As for a comparison of ASND to APM? I prefer ASND because I believe the company is better positioned to compete in it's respective industry. Any stock has downside risk and I believe that ASND could potentially trade as low as the mid 20's in a worst case senario. APM? Regards, Jeff
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