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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: hpeace who wrote (15765)9/30/1997 8:52:00 PM
From: Tim Luke   of 61433
 
Steve,
I still see alot of weakness, I hate to say it for the people who are in this mess over 40 but I think we will see high 20's before this is all over.

I'm sitting on 300 at high 30's so I'm not to worried because I can afford to shold the shares for however long it takes for me to see 50 ( my est. is atleast 4-6 months).

I think we will see alot of selling tomorrow pulling the stock back down. Now lets talk about LU buying asnd- IF that were to happen what would be the price, I can tell you this it won't be good for the shareholders.

Take-under?????
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