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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 3:59 PM EST

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To: Dennis R. Duke who wrote (34029)	2/9/1998 1:36:00 PM
From: S. M. SAIFEE	Read Replies (4) of 61433

I will short AOL if and when they go out for additional financing or go for secondary offering. AOL seems to be walking on thin ice as far as balance sheet is concerned.Look what happened to OXHP different industry but came concept. There are numerous ISP providing unlimited access under $ 20. Ithink $ 2 increase announced today could more cost more to AOL than improve bottom line.

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