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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 3:59 PM EST
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To: Jack Whitley who wrote (54683)9/27/1998 6:36:00 PM
From: James A. Venooker  Read Replies (2) of 61433
 
Dear Jack,

Thanks for your reply. I hold a large position of ASND, well, large for me (1000s). I plan to unload 500 mid-October (pay some bills). I would love to hold my entire position, however, I believe after the LU merger, the company (ASND-LU) will begin to move sideways until the market begins to climb again. I believe the market will continue side to side until either 1) Clinton thing is resolved, and 2) Republicans take the complete control of the county in 2000.

Good Luck,

Jamie
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