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Technology Stocks : Ascend Communications (ASND)
ASND 208.59+4.1%Dec 4 3:59 PM EST

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To: steve winograd who wrote (15016)9/29/1997 8:16:00 PM
From: J.C. Group   of 61433
 
Steve--
Yes, that's my quote. I'm not coming out on this forum and saying I sold out last week at 38 1/2. I'm saying I hold 3000 shares at a cost of 36. I am amazed at all the people coming out and announcing their great feats of fortune telling that they sold ASND at the high last week because they predicted this warning. I am further amazed by all the positioning and blaming going on the thread. Why not offer something constructive to the readers of this forum? I am sure most of the ASND shareholders are worried and really do not want to hear all these remarks. (Not aimed at you Steve, just speaking in general)

I cannot emphasize enough that if you are long, do not panic. Let the street digest the remarks tomorrow. Dont react, act! Fundamentally, what has changed in this company? It's still a great company, great products. Don't forget this company is not what it was a year ago. It is a combination of that company and Cascade communications. These are times of accumulation. That's what the market makers will be doing. Don't get caught into selling on this weakness!

Good luck to all!
J.C. Group

P.S. After hours quote (8:11 cst. ASND-- 1000 bid @ 28, 1200 offered @ 32)
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