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

To: Sector Investor who wrote (25667)	12/4/1997 4:41:00 PM
From: satish kamat	Read Replies (2) \| Respond to of 61433

Thanks SI. <Speaking at the Deutsche Morgan Grenfell technology conference in Laguna Niguel, Calif., Ejabat also said the company is comfortable with Wall Street estimates of $1.05 a share for 1997 and $1.45 for 1998, according to Michael Ashby, Ascend's chief financial officer> I guess the street liked $1.05 a share for 1997 and $1.45 for 1998 coming from Michael Ashby, instead of saying like COMS we are cooking books too at 56K speed. More trading opportunities ahead along with a double to triple within a 6-12 months.

To: Sector Investor who wrote (25667)	12/4/1997 6:20:00 PM
From: sepku	Read Replies (2) \| Respond to of 61433

Sector, thanks for the DJ updates. I believe the LU/NT rumors are just the result of "rumors of rumors" in absence of no apparent reason for today's rally during the trading session. Whenever the traders and media begin cannot find reason in print, why a stock makes a significant move on high volume, speculation runs rampant and such rumors such as the popular LU/NT ones, often surface. Once they circulate, the rest of the media picks up on it, and so on... I believe your DJ updates demonstrate what is really behind the move. The Street has been looking for reassurance for Q4 before ASND enters its quiet period, and they now have it. Style Pts.