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

To: Inga who wrote (25287)	12/3/1997 1:24:00 AM
From: Gary Korn	Respond to of 61433

Lanny, I have no experience with ASND mgmt. I've looked at the following, which tells me ASND mgmt has done pretty well so far: Ascend Communications QUARTERLY SUMMARY HISTORICAL QUARTERLY RESULTS(Thousands of U.S. Dollars) REVENUE 1994 1995 1996 1997 1st Qtr MAR 6,817 20,716 148,065 292,740 2nd Qtr JUN 8,235 29,591 205,581 311,693 3rd Qtr SEP 10,289 40,909 248,836 270,372* 4th Qtr DEC 14,002 61,388 177,491 EPS (U.S. Dollars per share) 1st Qtr MAR 0.010 0.030 0.160 -0.880 2nd Qtr JUN 0.020 0.050 0.230 -0.260 3rd Qtr SEP 0.030 0.060 0.230 0.200* 4th Qtr DEC 0.030 0.110 0.320 Gary Korn

To: Inga who wrote (25287)	12/3/1997 2:29:00 AM
From: John Ritter	Respond to of 61433

Margin should only be used by professional traders that track their holding daily. My personal view is that it should only be used for day trading, the problem is that if a stock tanks your original money is gone, no certainly, stocks do recover, and I suppose you could run up some mastercards to keep a stock after original capital is gone, there is hope of gaining it back if you don't sell. I could see using margin on say the run of DELL computer, or INTEL, the majors, I wish I would have done that instead of hard buying these network stocks, OUCH.