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

To: Mighty Mizzou who wrote (54953)	10/1/1998 5:24:00 PM
From: Mighty Mizzou	Read Replies (4) \| Respond to of 61433

Does anybody on this thread own more than 6K shares? Let me give you all a little background on where I come from. I spent 10 1/2 years as a senior systems analyst for TWA / NWA / Delta on their online reservation system (Worldspan). I was a specialist working on IBM 3745 front ends. This is where my networking background comes from. I study every piece of literature from Network World magazine, which I find to be extremely informative on cutting edge internet gear. My colleagues and I are in an investment club in which we kick around all kinds of ideas, NOT necessarily all networking either but definitely all tech. These guys are IBM CE's and a mixture of mainframe support vendors/engineers as well. When I mentioned ASND in December of last year I did not meet any kind of resistance at all. In fact, some of these guys wanted to break some of our bylaws and put a disproportionate amount into ASND. Cooler heads prevailed and we made the largest investment our bylaws allowed. Then the SRA deal. When the dust cleared and we really found out what the SRA deal was really about we voted for a temporary moratorium on the bylaw and put every single penny of our pot into ASND. We liquidated our Dell, CSCO, MSFT, and many other darlings in the hopes of hitting a home run on this baby. We had a meeting last night and these guys want to put more, alot more to be exact into the pot. We voted to put a fraction of what we discussed into the pot, logical heads prevailed. But you know these guys went into their margin accounts to do their own thing. We are talking IBM and other engineers with many, many, years of networking experience getting frothy at the mouth on this little 10B company. These guys run circles around me and they cant get enough. So anyways, sure we are a little disappointed that our gravy train has been derailed but I tell ya October 19th is D-Day, make or break. This is our day of reckoning. Judgement day. And I tell ya, and some will look forward to this, if ASND doesnt impress the heck out the street with it's numbers Mighty Mizzou will cease to exist. I am that confident. ASND management, board, and most of all, employees are working their butts off to come up with the premier networking solution for ISP's and carriers alike. I owe the employees of ASND alot of gratitude and cant thank them enough in getting to where they are now. They deserve alot of praise and I thank them very much. ASND, my hat is off to you. Thank you!