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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: uu who wrote (22792)11/12/1997 1:07:00 PM
From: sea_biscuit  Read Replies (2) of 61433
 
Addi :

I recently bought the Technology Value Fund (TVFQX) based in Silicon Valley. One of their largest holdings (more than 5%) is ASND. So, in a sense, I too am a shareholder of ASND now! You can check the website of TVFQX at techfunds.com They update information about their holdings once a month. [Btw, I am curious to know whether they picked up any LSI in October (they will tell us about their October activities on November 30).]

As for your optimism w.r.t. ASND, I am afraid that I don't share it. It could still do well, but a stock-price in the 80's and 90's was truly stratospheric in terms of valuation. If all goes well, the company might earn enough to support those prices over the next 3 or 4 years, not sooner. That is stricly IMO, of course.

And finally, on a personal note, I have always found that your responses are truly gentlemanly. I wish you the very best.

Dipy.
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