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Technology Stocks : Ascend Communications (ASND)
ASND 209.98+4.3%3:59 PM EST
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To: John Meares who wrote (37407)3/3/1998 10:32:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 61433
 

1. What is the reason for the recent drop in ASND? and

I believe it to be temporary profit taking. Not sure, of course.

2. Why is this a buying opportunity?. I take you you feel that 35 is not the upper limit.

The visibility and fundamentals of ASND are good. I believe downside from here is minimal and expect a decent upside through 1998.

Glenn
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