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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Tom Latham who wrote (15309)9/30/1997 7:18:00 AM
From: Michael Tenney   of 61433
 
TO ALL: My feeling here is get out of this stock now at any price.
i think you should be able to get at least 30 at the open. this
stock is in serious trouble. lots of investors felt since ASND
didn't preannounce at the conferenceit weren't going to happen.
I too took a huge loss on this stock (bought at 43 7/8 and sold
at 36 7/16.) So don't assume i just a short or just p.o. at
this company. Even if this company hit $10 i still wouldn't
touch it. (At $10 would give it a market cap of 1.88 billion)
Is that to high? For you people out there that are standing by
this company i think it is a serious mistake. Just my opinion,
but i'd rather not see any more people lose any more money
on this dog. good luck to all.
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