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

To: Peter Yang who wrote (39866)	3/18/1998 4:44:00 PM
From: Gabor	Read Replies (1) \| Respond to of 61433

I agree with you 100%.How ever when the market does crash you have to know just how many points is going to go down.The next crash will be between 1200 to 1500 points.If you could perdict that you would become a billionare.As far as asnd is concerned the entry point is now.It will run next week after option exp.When it runs just take your profit on it before 4/15/98 Gabor

To: Peter Yang who wrote (39866)	3/18/1998 6:21:00 PM
From: polarisnh	Respond to of 61433

Peter, I think that the CS was up just to level out at $15 which is probably going to be the option close. I'm watching the panic around ASND and I don't see anything changing in this stock since last week. Wall Street is playing on fear and from the sound of it, it is working because I have heard several individuals cash in. In spite of all of the technology stock gloom and doom that is getting hyped up right now. I have one word for everybody for the mid to short-term, RELAX! I don't like watching the Dow Industrials climb to 8775 while the techs are getting slapped, but I think that within the next two weeks Ascend will correct itself and return to the high $30s. Once Wall Street realizes that Ascend isn't a cheap commodity stock like 3Com or a faked out recovery like Bay, I think the money will return. So people please RELAX about Ascend! Cheers, Steve