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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: losepay who wrote (23528)11/14/1997 6:47:00 PM
From: jhild  Read Replies (1) of 61433
 
Thanks Gary, I know it was a bit of work to parse that up so it fit in those multiple posts. So this is just to let you know your efforts are appreciated.

I read the 10-Q that you posted, and didn't see anything alarming. There was a reference to the fact that they may need to sell in foreign denominated currencies, but that was evidently a future, optional possibility.

So having read it I wonder why the action today wasn't more robust to the upside. Maybe ASND was just a little early as far as the networkers are concerned and they played catch-up while ASND was taking a breather. This seems an ok explanation except for the fact that there really wasn't much of a run up in the first place. A shame to see the stock get so easily winded.
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