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

To: Jimbo Cobb who wrote (21721)	11/6/1997 11:46:00 PM
From: Mike Whalen	Read Replies (1) \| Respond to of 61433

It'll never see the teens. Don't be brainwashed by the shorts. They'll be holding their shorts when the BIG players creep up on them - and let me tell you the stock will pop so quick they'll wish they didn't wait for the teens. No way will the market allow this stock to hit a P/E that would be EXTREMELY low if the stock price were to hit the teens. No way. Re: a buyout. Just a lot of dreamers looking for the prince to come and save them from the evil marketplace. Buy the stock b/c it's has no where to go but up, not b/c of wishful thinking (e.g., buyout). IMHO

To: Jimbo Cobb who wrote (21721)	11/7/1997 12:14:00 AM
From: C.N.S.	Read Replies (1) \| Respond to of 61433

Mr. McCoy, Is your $16 price based on any analysis or is it just a personal wish ? And while we discussing analysis, are you employing the same model that you used to employ to evaluate MADGF ? If I were to correlate your ASND's $16 price with MADGF's, I would determine that MADGF has a value of about $1 - $3. Regards Shivu

To: Jimbo Cobb who wrote (21721)	11/7/1997 12:27:00 AM
From: N4ZQ	Read Replies (1) \| Respond to of 61433

Your entry point of $16 is interesting, I ran some numbers this evening and arrived at $16.09. The weakness in asnd is obvious but what is not is the fact that asnd shows NO sign of bottoming, let alone turning around. 16-17 is where I would expect to see support, therefore it seems highly likely that another 35% drop in market cap is ahead of us. Still not long but waiting patiently for entry point.