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

To: Glenn D. Rudolph who wrote (28964)	12/30/1997 10:21:00 PM
From: MMW	Read Replies (1) \| Respond to of 61433

Hi Glenn, I speculate as why ASND does not seems to participate in the recent tech rally. If you look at the percentage institution holding on ASND, it has reduced quite bit. Which means you and I as small investor are holding the bag. During this tax sale period, the small investors are the driving force. Since ASND has dropped from mid 50's to mid 20's, this probably is one to go for offseting tax gain in 1997. That may be the reason for ASND stock under selling presure lately. I would suspect it will have some rebound in the next month after tax selling is gone. The real question is what we are going to do with ASND shares held in our position. Cheers! Mike

To: Glenn D. Rudolph who wrote (28964)	12/30/1997 10:28:00 PM
From: getgo234	Read Replies (3) \| Respond to of 61433

To Glenn and others: Have you ever heard of a company moving quarterly earnings results out a few days so as not to be reporting one day prior to options expiration ? The management of a company with a volatile stock price may feel the options expiration occuring nearly simultaneously with the release of quarterly results only encourages further volatility in the short term. ? Secondly, could it be a situation where the outside auditors may simply want an extra day or two, after all ASND is a growing company and it may take longer to close the books and complete the audit ? Yours thoughts please.