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Technology Stocks : Ascend Communications (ASND)
ASND 220.58+5.0%Dec 12 3:59 PM EST
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To: djane who wrote (44328)4/14/1998 7:42:00 PM
From: Jan Crawley   of 61433
 
4-6/98 40-45 trading range
early 7/98 Spike up to 45
mid-7/98 Q298 earnings report. CX550 revenues
7-9/98 40-45 trading range
late 9/98 45-50 trading range
(10/88 LU buyout speculation increases)
early 10/98 Spike up to 50
(continued LU buyout rumors; great compare to 10/97)
mid-10/98 Q398 earnings report
10-12/98 50-55 trading range
(buyout rumors; looking to 1999 $1.75+/sh estimates)
early 1/99 Spike up to 60 (Q4 usually strong)
mid-1/99 Q498 earnings report (FY1999 $1.75+/sh estimates)
mid-1/99 65-70 trading range

Djane,

I really think that you are on target. Around 2K shares seems like a reasonable position for small investors like us to hold. I hope that none of my shares will be called away. Thank you very much and please keep up the good work.

Jan
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