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

To: Jose A. Almodovar who wrote (43584)	4/10/1998 11:04:00 AM
From: The Phoenix	Read Replies (3) \| Respond to of 61433

Jose, Gary (obviously not Korn), are you selling your ASND if you long or do you plan to short the stock? With your perspective on ASND I don't see any other choices. You seem like a knowledgeable guy, but unclear as to your position in ASND. Gary are you short or long? I'm not sure what my position has to do with my comments and how I feel about the conference call. However, if you must know I'm long. I think ASND has a good franchise and will do well in the backbone infrastructure. I think they are just now finding their way. This coupled with their relatively low valuation keeps me in the stock. I think however that this report is not all that great and I am concerned. If there is a pullback I'll probably add to my position, but I'm going to have to really think about it. Hey, I hope I'm wrong... but I just look at the bellweathers out there that are growing revenues in a booming market and then I see ASND...with relatively flat revenues. This has to change... You can't continue to be highly valued if you can't grow at the same rate as the market. This is my fundamental concern. Gary (yes.. I know... obviously not Korn)