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Technology Stocks : Ascend Communications (ASND)
ASND 207.30-0.9%3:26 PM EST

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To: Glenn D. Rudolph who wrote (16068)10/2/1997 10:38:00 AM
From: Larry Forsyth   of 61433
 
Now that the damage has been done (earnings warning, downgrades)
is ASND a BUY or there more downside to come? Seems to have bottomed out around 32 and change.
Will actual earnings report have any affect or has the price already
accounted for bad earnings. What if earnings are not as bad as
mgt announced? Does it bounce?

Any serious feelings???
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