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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: Sriram S. Konkipudi who wrote (25554)	12/4/1997 2:53:00 PM
From: Bobo	Read Replies (2) of 61433

I will say this again (just to make sure I am wrong). This runup is the result of Mory stating comfort with q4 estimates, the bottom has likely passes and other geographies are strong enough to make up for Asia Pacific. Remember it happened in July. Now the analysts and fund managers are saying, "Gee, this is actually a better situation than 3com...these guys could not by lying this time they already have on lawsuit on their hands...hey could I borrow that phone...no make that 100k share...I do not care if it's up 2 pts already...wow I am really gonna beat the indices this qtr."

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