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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%3:59 PM EST

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To: RAY WACLAWSKY who wrote (14995)9/29/1997 7:28:00 PM
From: J.C. Group   of 61433
 
To all ASND holders:

For those who do not have access to after hours quotes, ASND is trading currently on instinet: 5000 bid @ 29, 1200 offered @ 32

As far as I have been watching ASND after hours it has been as low as 27 1/2.

I hold 3000 shares at a cost of 36, yes I am concerned about the stock price tomorrow, and I will have to purchase more once the price stabilizes. Hopefully the after hours trading is more pessimistic and not an accurate reflection of what the street will interpret this latest earnings warnings. Maybe this 3rd Q earnings season will not be as great as everybody thinks!

The best opinion I can give to ASND shareholders is absolutely do not panic. Wait and see what happens tomorrow, then re evaluate your position. If you can hold on, do so. If you can buy more, do so.

Good luck to all!
J.C. Group
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