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

To: Jeff Jordan who wrote (23039)	11/12/1997 8:00:00 PM
From: Larry J.	Respond to of 61433

Way to go Jeff. My sentiments exactly! Larry

To: Jeff Jordan who wrote (23039)	11/12/1997 9:18:00 PM
From: Johnathan C. Doe	Read Replies (2) \| Respond to of 61433

Jeff, it is not wise to become emotionally attached to a stock. Ascend is going lower IMO and I won't touch it at what I consider to be a very inflated valuation in a tech market just starting to melt down hard. Ascend will have problems for at least the next quarter and will likely disappoint again. COMS will also. There are problems that are real. Ascend isn't a horrible stock, it is just a stock that has traded for a long time way out into the future with rosy expectations that came true and now won't again. Given that, fair valuation as a regular stock as opposed to a momentum stock and a big money favorite is lower than where it is currently at.