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

To: Christopher Reed who wrote (25272)	12/2/1997 11:41:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

4:55:00 S 2000 24:7 T 4:25:16 S 2000 23.2 T Christopher, 1. I think the safest assumption is that this 24 7/16 trade is some kind of mistake our out of sequence trade. ASND, doubtless, is now hugging 23. 2. Days like this suck. They really suck. But the tide will turn. Probably sooner rather than later or perhaps at what seems the darkest moment. I'm in the Dec. 97 ASND acquisition camp (probably the only one now). Still, if need be, I can hang out without an buyout of ASND (albeit with fewer shares after margin calls) and wait for the upturn. I just cannot see any difficulty with 4Q and the next, particularly with guidance about 290MM sales and a buildup of backlog beyond that. I do think that the added "bonus" in this sector is that consolidation is looming. Time will tell. Gary Korn