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Technology Stocks : Ascend Communications (ASND)
ASND 206.52-1.2%Nov 25 3:59 PM EST

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To: Scott who wrote (22392)11/10/1997 7:25:00 PM
From: Gary Korn  Read Replies (2) of 61433
 
Question, do you remember one of your first posts?...It sticks in my mind...Something about selling now...etc..etc...I guess you warned us...Scott

Scott,

I remember. I said that, now that I am long the stock, everyone ought to sell as it was bound to go down. The remark was kind of stupid, and Casey so noted.

I hope that I have matured and learned since then (and many of us certainly have had enough losses since then).

Since then, I have tried very hard to offer the thread whatever facts I can collect and whatever analysis I can put together.

The entire NW sector has hurt badly over the past few weeks. I think ASND is (and was again today) a victim of that general malais.

Notwithstanding, I stand by my acquisition analysis (i.e., ASND as acquiree). The facts don't piece together any other way for me now. Still, that doesn't make the losses any easier.

Gary Korn
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