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

To: Glenn D. Rudolph who wrote (23641)	11/16/1997 11:32:00 AM
From: Larry J.	Read Replies (2) \| Respond to of 61433

Glenn, The biggest vulnerability I see in COMS vs. ASND is that while they have realized the brunt from the downgrades and speculation about clogged inventory in the channel, The company has not warned themselves yet. This is the "other shoe". We saw too well what this did to ASND on Aug. 11. Don't feel alone. My equity % was well up in the 60 % range prior to the slide. A level at which I felt very comfortable. Since early Oct. I've been scrambling to satisfy margin calls (borrow from IRA, sell other holdings, cash). At times it feels like a bottomless pit. I know the stress you're feeling all too well. Although I've been close to throwing in the towel, I am committed to holding my ASND shares barring any new unreleased bombshells . I still believe that my fortitude will be well rewarded 6 - 12 months down the road. Best of luck, Larry