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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Mills who wrote (19529)	10/28/1997 8:18:00 PM
From: Glenn D. Rudolph	Respond to of 61433

Genl DataComm, Lucent in $90 mln deal Reuters Story - October 28, 1997 19:12 %ELI %US %ELC GDC LU V%REUTER P%RTR MIDDLEBURY, Conn., Oct 28 (Reuters) - General DataComm Inc said Tuedsay that it has signed a multi-year agreement, worth up to $90 million, to provide GDC APEX ATM edge switches to Lucent Technologies Inc for various customer projects.

To: Jeff Mills who wrote (19529)	10/28/1997 9:01:00 PM
From: kvogel	Respond to of 61433

Jeff, I follow many stocks and am an ASND holder. Only the popular stocks with big followings moved up alot- COMS,CSCO,MSFT,DELL,INTC. These are all stocks being pushed by analysts and in favor generally. Many of the weaker stocks and those out of favor didn't have much of a bounce. The advance-decline was only about 4 to 3. ASND is basing out and is currently out of favor. Unfortunately, this means we have to be patient even while other networkers have big days. ASND will come back as some of the recent press releases and contracts are positive. It's tough to turn a former momentum stock around. The company has much potential at gaining its former lustre even without a takeover. Karl