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Technology Stocks : Ascend Communications (ASND)
ASND 201.78+0.7%10:23 AM EST

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To: RGM who wrote (16450)10/5/1997 8:46:00 PM
From: RICK SCHINZEL   of 61433
 
Rob,
I currently own 3,000 shares of ASND with breakeven of 40 1/4 and will consider 500 more shares should the stock dip below 30. I will hold till at least 50 and still plan on making 30,000 off the trade. it may take me 6 months to do it from now, but it is still not bad profit for 6 months. Who knows, if 56 K really takes off we could easily get back to 60 or higher. Yes, it won't happen over night, but I believe it will happen.
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