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Technology Stocks : Ascend Communications (ASND)
ASND 202.23-4.2%Dec 2 3:59 PM EST

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To: Glenn D. Rudolph who wrote (19027)10/26/1997 6:11:00 PM
From: Tim Luke  Read Replies (1) of 61433
 
<<I would like to wager 100 shares of ASND on my belief. Here is the offer:
If ASND hits 40 or above prior to December 31, 1997 for any reason (no if ands or buts),you must send a certificate for 100 sharesof asnd to me. If it does not hit 40, I will send a certificate for 100 shares to you.>>

Glenn,

First off does this mean that they will close at 40 or above or just hit 40 at anytime during the day?

I would love to take this wager but I like you and I could not take such easy money from such a nice guy. I was starting to think ASND might hit 40 a week and 1/2 ago, but now you might as well forget about seeing 40 or more for atleast 4 months.

I would have to say that ASND will hit 28 before it will hit 40, nowthis spring (98) will be a different story ansd could see 45 - 50.
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