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

To: Immi who wrote (25967)	12/4/1997 10:36:00 PM
From: Carmine Cammarosano	Respond to of 61433

$1.05 for this FY and $1.16 for next FY...0.23 expected this quarter...

To: Immi who wrote (25967)	12/5/1997 12:35:00 AM
From: blankmind	Respond to of 61433

1. i know many will be unhappy with $40 if they paid more, but that is almost twice as much ($22) as yesterdays low. but how long would it take without a buyout to see 40? making .23 will not be good enough for 30., maybe 25. 2. keep in mind $40, is the price, no word on on whetehr it is cash or stock or a combination if this pans out. would you rather have asnd stock at the 23 or move up to 40, and have hopefully stock of nt or lu or .... and now start again at 40 to move up with a more solid company. 3. the networking sector is down in general, except for csco. the downturn is more than mory, we are looking at a sector that has reached out of favor status with the street. notice mory showed up today at the conference this quarter, the new cfo, announcements on expected earnings,.... whether mory communicated with the street or not we would still be down.