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

To: Jeff Mills who wrote (20761)	11/3/1997 5:06:00 PM
From: Scott	Respond to of 61433

Why does anyone buy or sell these days...They buy becouse it's going up and sell becuase its going down...Mr. Cramer who was nice enough to post today is a prime example...Many so called professionals have no idea why they buy a company...so when the markets turns ugly...they run and sell..no rational basis for ownership and when the market goes up ...they buy and indiscrimently..

To: Jeff Mills who wrote (20761)	11/3/1997 5:23:00 PM
From: P2V	Read Replies (1) \| Respond to of 61433

OT OT OT Jeff- your logic is flawless, however this is a Story Stock at this point. It appears they have shipped product less than 6 months. I evaluation (if you want to call it one) is based on the technology which they have created, which will integrate ATM and Fast IP/GE equipment. No One has anything to match it yet. Cisco will be using it, as well as three Japanese, and a couple other US companies. John McQuillan does an excellent job of explaining the worth of this technology. upside.com The IPO came out on Monday (remember that day) , and the stock doubled. Today it went up again after Paul Kangus mentioned it. If you're crazy like me, be my guest & buy some. Anyway, the MMCN thread has some good links to look at. Regards, MM