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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-0.9%3:59 PM EST

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To: Tim Luke who wrote (31464)1/21/1998 4:25:00 PM
From: Gary Korn  Read Replies (2) of 61433
 
IBM and ASND advised caution in the first QT. That my friend is earnings troubles the kiss of death.

Tim,

1. I respect your difference of opinion.

2. Before I did some pretty intense homework on ASND, your statement might have caused me some concern. Now, I have to say that I am comfortable maintaining a sizeable position in ASND and I look forward to improvement in the company's share price. Ascend (Ashby in particular) is driven to regain the respect of the Street and he has the products and revenue stream with which to do so. It makes little sense to rehash, here, the many, many reasons why this seems to clear.

3. I'm obviously not a day-trade investor, but rather long-term (6 months to 1 year) so this may explain our difference of opinion?

Gary Korn
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