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

To: Yiota who wrote (29015)	12/31/1997 11:29:00 AM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 61433

This is a good article: Message 3065871 Glenn

To: Yiota who wrote (29015)	12/31/1997 11:59:00 AM
From: ENOTS	Read Replies (1) \| Respond to of 61433

Giota, some on the thread think, MM gathering for mutual funds! Also some tax selling, for obvious reasons, yes short position has declined, and the navy contract was for 5 or 6 ships, and follow on contracts for conversion of all ships would be a lot, I think 50 to 60 ships...I think the real thrust of the company, is toward VOD, they have a trial going in France with a hotel chain, and do interactive gaming on some airlines! The down trend had to do with decline in sales, for the last QTR..you can look at the filings with sec, thru the web site for the company! As to the 2.00 price, a mystery to me!! I have not found any holes yet! As I said the PE is low, and projected PE for 98 is around 8 times Earnings! Either I am dumb or crazy, but it looks good to me for appreciation in the coming months!!! But no guarantees, I may sell everything I own and buy IBM. The NC projection for (network Computers) for 98 and beyond they predict selling 10 million of them to corporate America!!!! PS one other thing, Doppler radar weather forcasting relys on ccur's real time computer network for gathering the weather info...... PSS check their finanical position! very little debt! All this can be read on the CCUR site! What do you think?????????? PSS I am not trying to hype this stock, I own 3.3K and you make up your own mind about it, also interested in your thoughts.