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Technology Stocks : Ascend Communications (ASND)
ASND 209.02-0.7%Nov 24 3:59 PM EST

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To: Teddy who wrote (24807)11/26/1997 6:59:00 PM
From: Jeff Jordan  Read Replies (1) of 61433
 
I think I would hold some Aware, I have recently. Its true ADSL isn't as big as expected, but xDSL is going to be. I think AWRE will hit 16 w/i 6 months. I would buy down to $7 if it happened.

xDSL is going to be big for Ascend .I would hope to see increased earnings in 1998. Every 90 days the internet system grows.

Interesting last few days trading. Yesterday gave me that bad feeling....I don't like. I'm thinking last chance for funds to trade for tax purposes and 30 day wash out period to end, so they can repurchase before year end. I want to see the day those large blocks return the other way!

I hope to be buying lots of Apr.40 calls come Jan.1st.

JJ
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