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

To: Elmer who wrote (28947)	12/30/1997 8:30:00 PM
From: Glenn D. Rudolph	Respond to of 61433

Sorry if this sounds like a big conspiracy, but it just doesn't make sense to me to not pound the table in the Fortune article for one of their biggest holdings. That is unless another buyer has been lined up and he wants a very low price. David, It appears you are reading a lot into a variety of items:-) I just never heard of a company not releasing earnings due to people being out of town. The necessary people can go out of town at another time without a problem so it makes no sense. The third is that Doerr and ASND management are trying to sell the company, are in a quiet period, and need the price to stay depressed to attract a buyer. I started by saying that sometimes you can read more between the lines than is there. But that's why I bought. What was hard was the Goldman Sach's downgrade. That firm corrected called the Oracle earnings shortfall. So they have been good. But the downgrade was like kicking this company while it was down. I don't know how the Goldman analyst is going to have a working relationship with ASND management going forward unless they wanted the downgrade. And it seems like Goldman was one of the few houses that still had a positive view that could be downgraded. Goldman's may be on top of one company and not another. They could have been delayed. Paul Johnson of Robertson Stephensons called ASND's problems way prior to them becoming public. Maybe he follows ASND closer than the Goldman analyst. I suppose I will just watch and wait. Glenn