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

To: Larry J. who wrote (23652)	11/16/1997 11:42:00 AM
From: Glenn D. Rudolph	Respond to of 61433

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. Larry, This is exactly my concern at present. COMS has been trading as though a preaanoucment might oocur. I will be holding my ASND positions but will lighten up on COMS tomorrow. I am not throwing any more money at it. At least I finally made a descision. Not sure it is correct but it is better than indecisiveness. Best of luck to you too. Glenn

To: Larry J. who wrote (23652)	11/16/1997 2:59:00 PM
From: HEXonX	Respond to of 61433

Larry wrote: 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. --- Larry, That is exactly how I feel. I barely made it without a margin call before it appeared to having hit bottom. I believe it will be fairly unstable market with the Asia instability and a possible war. However it should still be Bullish. My goal now is to take whatever I have left, which isn't much and doing damage control just like Glenn has mentioned. Since I am limited in the opions arena I will have to do it the old fashioned way and invest in stocks that are showing an opposite trend then Ascend. I know, it sounds like a dream but it's helping. All I have to do now is sell those wonderful upticking stocks... How I hate to do that. <G> -HEXonX