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

To: Jeff Jordan who wrote (21534)	11/6/1997 2:14:00 PM
From: taxikid	Read Replies (1) \| Respond to of 61433

true but a month ago i put a gtc order in with my broker and he told me there is no way i will get a fill- {i did move my core to another broker} nobody thought we'd see this so why wouldn't we go further? right now this company is getting killed because of the costs of the cscc fiasco- while long term that is great short term {when properly accounted for} it puts a big dent into earnings-i see a few qtrs of this and said so @55 taxi

To: Jeff Jordan who wrote (21534)	11/6/1997 2:28:00 PM
From: S. M. SAIFEE	Read Replies (1) \| Respond to of 61433

Jeff, This could be bottom after reading article in Fortune Magazine, This is not just only ASND but include CSCC also, When they bought CSCC they have increased intelectual assets. Everybody is hung up on next two quarters. All momentum players left when stock dropped fron 42 to 32. Many Institution should have left by now. Only left are value investors and shorts. Who has more staying power? I sold Nov 30 calls @ 1/2. I am long Jan2000/ 30 calls.