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

To: Wolverine who wrote (19759)	10/29/1997 7:48:00 PM
From: Kevin Kessel	Read Replies (2) \| Respond to of 61433

Been away for awhile. I was into Ascend a month or so ago at 32 and change. Although the recent decline is disheartening, one must see the silver lining. The company is still fundamentally sound. Has NO Long term debt and plenty of cash--over 500million dollars. The recent decline might is a combination of the market as well as the fact that fund managers had to settle up their cap gains taxes. Therefore, when they locked into big profits from other high flyers, they had to sell Ascend to offset their gains. However, I believe a lot of them will inevitabily buy back Ascend in the near term. We should settle somewhere back around 32 in the next few weeks. Kevin

To: Wolverine who wrote (19759)	10/29/1997 7:54:00 PM
From: Sector Investor	Read Replies (2) \| Respond to of 61433

Interestingly, ASND this week was the lowest in over 100 weeks. I had to switch to the SI monthly chart to see when ASND was lower. It looks like October 1995! I don't have data back that far. Who knows what their revenues and EPS were after 3Q 1995? IMO we are now looking at the comparable price situation as when COMS went to $23 in March-April. techstocks.com

To: Wolverine who wrote (19759)	10/29/1997 8:00:00 PM
From: James A. Venooker	Respond to of 61433

Dear Wolverine, I believe your sentiments sum up the volatility of this market. If somehow we could get the morons out of the market who do not belong in the market whatsoever, maybe, just maybe, we would begin to have more accurate guidance in which way a stock will travel. The answer to your question is obvious, ASND does have tremendous long and intermediate market potential. Anyone who see's this fact differently should not be in the stock or in market for that sake. Fundamentals dicate that a stock like ASND will continue to take a pounding as long as there are enough market morons who keep jumping on and off the train. I appreciated you sentiments and hope all who have read them will take heed. Here's a notion, how about everyone stop watching CNBC, (googling on Maria Bartaroma's every tidbit and knock down the immortal Joe Kernan "Shrine") and take a breather. In other words consider doing what Mike Holmgren did with his Super Bowl Champ Packers on there bye week, he gave it to them off, to give them a rest and allow the team to put in perspective how they feel about themselves. Well, anyone tuning in will know that the Packer's kicked the shit out of my hometown team the Patriots on Monday Night Football. A note to all those morons who run for there depends everytime the market sneezes, or Greenspan uses a urinal, give it a rest...and maybe we will find out which company's will rise to the top. My guess is ASND will be one of them.....along with other noteables SUNW, LLY, MRK, IBM, CSCO, and a list of other market leaders in thier respective industries. Take heed, then take a vacation!! Regards, Jamie