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

To: troy halle who wrote (24456)	11/23/1997 11:13:00 AM
From: Harold S.	Read Replies (1) \| Respond to of 61433

So have these new insider sales been confirmed or not?? How can we even be a little optimistic if insiders keep unloading this baby!!??? <losing patience>

To: troy halle who wrote (24456)	11/23/1997 3:47:00 PM
From: Jeff Jordan	Respond to of 61433

Up of course....If not we have established a base...Ascend is not the kind of stock to go sideways long. with large investors accumulating how is it going to go down? 5mil+ shares traded in 25k+ blks? If I had neon text I would be using that. IMO January ASND is in $40's( my worst calculation is 38 7/16). With their product, this market, this sector,This is a reasonable multiple for their earnings growth. On their own future earnings capacity ASND/Cascade is worth $42+ If Lucent aquires ASND or CSCO it doesn't matter Ascend has a respectable market share/position in the network buildout. 30%-35% future growth 1998. New watch list: SMOD,NN Jeff