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

To: Johnathan C. Doe who wrote (23225)	11/13/1997 12:54:00 PM
From: Larry J.	Read Replies (2) \| Respond to of 61433

Johnathan, You're right. my comments were rude and I apologize. Larry

To: Johnathan C. Doe who wrote (23225)	11/13/1997 12:55:00 PM
From: blankmind	Read Replies (1) \| Respond to of 61433

coms and asnd, buy one get one free. previously companies could only afford asnd or coms, now they can have both for the original price of one company several months back.

To: Johnathan C. Doe who wrote (23225)	11/13/1997 1:03:00 PM
From: jeff wheatley	Read Replies (1) \| Respond to of 61433

Not everyone disagrees with you, though personally I believe ASND at P/E 8 is a bit of a stretch. I'm also looking for low entry points, here and elsewhere. If you can find them once or twice a year, you can do very well, as I think you pointed out. Hope you'll keep posting your opinions.

To: Johnathan C. Doe who wrote (23225)	11/13/1997 1:14:00 PM
From: Larry J.	Read Replies (1) \| Respond to of 61433

While its entirely possible that the overall market in general and the networkers in particular could very well take ASND down further, I believe that it is equally likely that an event specific to ASND could occur such that the share price gaps up substantially and without forewarning. I obviously have no longer any choice as to my entry point in ASND, as my position is complete . However, I think that $23 - $ 24 is certainly a very attractive entry point for at least a partial position. My point being that waiting for that absolute bottom is very difficult and may result in missing out altogether. I guess it all boils down to ones propensity for risk. Larry