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

To: vegetarian who wrote (25935)	12/4/1997 9:59:00 PM
From: vegetarian	Read Replies (2) \| Respond to of 61433

Here is my take on the scenario that can logically unfold for tomorrow. But don't take it seriously because the wall street does not operate logically. :-) What do we know: -that ASND wants to sell itself -there is a buyer willing to pay a premium price for ASND over its current market value - ASND's rejection of a bid of $35 news coming into media is no happenstance, I am sure ASND wants people to know that it is looking for a buyout, that soothes shareholder feeling, tells prospective buyers what ASND wants in price and also tells them that they need to act because somebody is interested in them -at this stage we do not know of anything concrete is going on Who would possibly act: -too early for institutions to be buying at this stage based soelely on the rumor of a potential buyout -OK for individual investors to buy (contributing to small up volume) -does not make sense for any holders to be selling at this point because of the possibility of a low hangning fruit -makes sense for shorts (23M is a large number) to cover because of the buyout possibility in the future and that ASND is going to meet its estimates would not take its price down much below 25 I would expect the price jump to be due to short covering and retail buying in the next few days then down again to expiration.

To: vegetarian who wrote (25935)	12/4/1997 11:17:00 PM
From: Lee Martin	Respond to of 61433

M. Carter and ALL, Are those posts starting to smell less like fish and more like $$$ yet? :o) Was I right when I said that I or anyone else could post anything they wanted to on this thread and not affect the stock price one bit ? I think only a couple of people read the posts and nobody believed them. To All, please click on my name and read posts 25334,338,388,394 and 407. You know that guy in the FedEx commercial that goes around saying " once again I was the .....last to know." That's the way I feel as a small investor trying to match wits with the fund managers and institutions. If we had access to info. the same time as the big guys, a lot of us on SI could run circles around the best of them. Heck 3 months ago I was sitting on a 250% + gain for '97 on top of a 200+% gain for '96. I've lost nearly all of the gains in '97 on ASND. I'm not complaining, I made the $$$ by putting it all into one or two stocks at a time like INTCW, DELL, WDC, ASND, MUEI and using margin, and lost it the same way. Finally, yesterday when Kristina at ASND IR told me of the DMG conf. and the likelyhood that it was going to be upbeat, and then found out that NOBODY ELSE on the thread knew about it or could confirm it, I thought "wow, for once I'm not the last to know." The point is this is public info. that anyone could have obtained had they called ASND IR. Why should DMG get to ask ASND questions and act on that info, while everyone else remains clueless as to what is going on? We have a right to know when ASND is going to make a presentation as well as any other info. available to the general public. I left a message with Kristina asking her to send me a schedule of future presentations and any other bits of useful info. and told her I would post them on this thread. I think it would be helpful to create an "ASND IR News" thread to post this info. The posts would be from SI members in their own words and not official press releases from ASND. Readers should understand that the posts are SI members interpretations of converations with ASND IR and should be read with the same skepticism as all other posts on SI. The reader would also have the option to call ASND IR to confirm the info. I believe that this thread would allow SI members to obtain the most current info available to the public from ASND without having to individually quiz ASND's IR people. This would alleviate some of the call volume they are handling, and increase the efficiency of the IR dept. If this idea works maybe we won't always be the last to know! Isn't it ironic that a company whose business is communications is in the dog house partly as a result of its miscommunications with investors? Maybe we can be a part of the solution to this problem along with the new CFO. What do you think? Comments? Regards, Lee