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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Gary Korn who wrote (20498)11/2/1997 1:19:00 PM
From: Larry J.  Read Replies (1) of 61433
 
Gary,

Looking forward to the week:
CSCO reports Tues. after the bell. Hopefully they will surprise and give the sector a boost. Also, looking for an upgrade on ASND this week. From Zacks, 7 of 29 analysts already had ASND @ Strong Buy, that leaves 22 chances if you will for an upgrade. Pretty good odds, especially if management guides analysts that October was decent and that they are "cautiously optimistic" re the Dec. quarter.

I accumulated a pretty good chunk of shares on Fri. averaging down for the last time. I'd sure like to say good-bye to $20's for good, especially because I'm only hanging onto my shares in my margin account by a thread.

Larry
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