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Technology Stocks : Ascend Communications (ASND)
ASND 206.52-1.2%3:59 PM EST
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To: Maverick who wrote (19749)10/29/1997 10:42:00 PM
From: Gary Korn  Read Replies (1) of 61433
 
Maverick,

As I think you know, my objective analysis has led me all along to report that I believe ASND to be a stock worth holding. I have tried, as you asked some time ago, to report the facts as I know them and to report unbiased, neutral analyses.

Notwithstanding, the last few weeks, culminating in the last few days in particular (during which the market has rebounded and ASND has fallen), have been very, very trying for me (and, of course, many others on this thread).

I will continue to report the facts as I know them, and to put in my two cents as I see things. If ever, however, you have an opportunity to email me your own words of support, I certainly would be tremendously receptive to hearing them.

Gary Korn

P.S. I continue to believe this is a stock worth holding. At 28.5, its market cap of $5.4B is just 4.5 times 1997 sales. Amazing!
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