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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: scott maragioglio who wrote (34511)2/12/1998 11:11:00 AM
From: Jan Crawley  Read Replies (2) of 61433
 
Scott:

I agree with you. The article only took bits and pieces from this thread but not our analysis and the big picture.

The points about ASND's current outlook of (1) visibility and able to meet W/S expectations (2) in super growth segments with the right products (3) CSCC ATM products leading status (4) strong B/L sheets and attractive share price, and (5) the expected industry consolidation.

All the above Points reassure me that the managements were/are not all that out of their leagues.

At its current price and F/A positions, ASND, in my opinion is a good short or long term investment. The down side is very limited, and the WAITING is not that long at all.

By the way, after thinking real hard for awhile there are only two reasons that I can come up with respect to the Capital Investment Group's renewed confidence in ASND -- 1. Good L-T investment and/or 2. take over play. Sounds like a win-win combinations to me.

Regards, Jan

P.S R/T 32 9/16 with 1.3 m shares traded.
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