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

To: swrdfsh who wrote (21694)	11/6/1997 10:52:00 PM
From: Douglas V. Fant	Respond to of 61433

Swordfish, Here's the Market Edge technical report to which I alluded in a message ealier tonight. Note that ASND has moved into an accumulation phase over the last couple of days for the first itme in a long time. That's why I think the stock is bottoming. In fact if ASND falls back a point or two in another pullback, then I would think that to be a really nice buying opportunity.... In addition the technical score for ASND has risen from -3 about six to seven weeks ago to +1 now,so the technical underpinnings of the stock have been gradually but consistently improving over the last two months. Second Opinion - ASND 11/07/97 Symbol: ASNDName: ASCEND COMMUNICATIONExchange: NMS PRICE ANALYSISClose24.81Open26.31High26.38Low24.75Change-1.19YrHigh80.25YrLow24.69Mo Chg (%)-25.1ResistanceN/ASupportN/ABUY STOP35.90Volatility (%)6Position1ADXR40 OPINIONC-Rate-0.1AVOID 09/15/97ÿÿÿÿÿ35.25 VOLUME ANALYSISVolume54550Ave Vol77815Mo Chg (%)-37.9U/D ÿ0.7 ÿSlopeUPObvBRPos ObvBRNeg ObvBRMFI ÿ 25 ÿ SlopeDOWN TECHNICAL ANALYSISAlpha-0.48Beta1.47MACD-STBRMACD-LTBR50-Day R.S.0.5510-Day M.A.DOWN9021-Day M.A.DOWN8050-Day M.A.DOWN72200-Day M.A.DOWN53STO(Slow %K)15STO(Fast %K)4Wilders-RSI23OBOS2Bollinger Bands13RSV1POWER RATING-9 SCORE = 1 COMMENT Moving Average Convergence/Devergence (MACD) indicates a BEARISH TREND Chart pattern indicates a STRONG DOWNWARD TREND Relative Strength is BEARISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is falling which is BEARISH The 200 day MOVING AVERAGE is falling which is BEARISH Stochastics indicate stock is OVERSOLD RECOMMENDATION AVOID THE STOCK STOCK IS NOT A SHORT SALE CANDIDATE IF YOU ARE LONG; CLOSE POSITION OR MONITOR STOCK CLOSELY

To: swrdfsh who wrote (21694)	11/6/1997 11:27:00 PM
From: jhild	Read Replies (2) \| Respond to of 61433

There's lots of technicalities to statements by management. Clearly you can't say something that promotes the stock value if it is not true. But saying there were no discussions with LU, could mean that they may have interesst but haven't talked in earnest for instance. And it doesn't preclude any future discussion. LU has a prohibition on pooling of interests until later this next year, hence the Livingston all cash deal. LU can still happen, and his statements could well have been accurate when he made them. And will you complain with an offer for say 41, even if they have been talking anyway, and he said not? Which class of stockholders is harmed in that case? Only those that coulda, woulda, shoulda, but they will have no standing.