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

To: Gary Korn who wrote (25276)	12/3/1997 1:01:00 AM
From: Inga	Read Replies (2) \| Respond to of 61433

Gary, I respect your hardcore bullish views on ASND. Can you tell me the following: 1) I wonder why people still hold on to their margins after a stock takes a nose dive? In your case, is this an investment strategy that has a short-term setback or pure greed. What is your comfortable margin level? I even got scared and burned at 25%. If the reason to use margin is to generate extra profits by speculation, isn't it less riskier (not losing more shares) and less expensive (knowing exactly the potential loss) by purchasing call options (Jan 98 25 maybe). 2)Do you have experience with ASND management in past successful years? I hope they do not withhold information (good or bad) until the last minute or simply made unreasonable forecasts? Another point to remember is even if ASND does not make any money this quarter, each share should have .02-.06 earning due to merger adjustment. Thanks.