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Technology Stocks : Ascend Communications (ASND)
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To: Skipper who wrote (17667)10/14/1997 9:19:00 AM
From: David Lawrence   of 61433
 
>>ASND was $80 in January and is now $33. USR was $105 something like a year and a half ago right? What would it's equivalent value be now? I don't remember what the exchange rate was.

55.25 x 1.75 = $96.6875, or less than 10% off its all time high.

>>Bottom line is to make money.

Agreed. That's why I incresed my position in USRX at 56-1/8 in March, which is the equivalent of $32 COMS, or up 72% in 7 months.

Cisco holders, especially those who bought the dips, have done well too. Relative to COMS/USRX and CSCO, not too many Ascend longs can feel good about the current state of affairs.
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