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

To: Glenn D. Rudolph who wrote (29016)	12/31/1997 12:00:00 PM
From: Yiota	Read Replies (2) \| Respond to of 61433

Hello Glenn, ASND, No# 1 Most Active Nasdaq, see what a strong accumulation for some time now does to a stock. hold on we are flying high, welcome 1998 HAPPY NEW YEAR - To everyone. Giota

To: Glenn D. Rudolph who wrote (29016)	12/31/1997 12:09:00 PM
From: robbie	Read Replies (3) \| Respond to of 61433

Glenn, thread: I am off a little in my numbers. I think there have been articles out there that said management was comfortable with $1.19 earnings in '98 and the one you posted which said Mory was comforatble with $1.45. Obviously I hope they are comfortable with $1.45. $1.19 for '98 versus $1.07 for '97 is growth of 11.2% so it wont help the stock price much if they are comfortable with that even if they make the numbers every quarter. How do you view the estimates, and what is management in fact comfortable with? TIA, Robbie

To: Glenn D. Rudolph who wrote (29016)	12/31/1997 12:40:00 PM
From: Larry J.	Read Replies (2) \| Respond to of 61433

Glen, I think the article bodes extremely well for ASND. The author is heavily biased, exclusively pounding the CSCO drum, however the market data applies to the industry and benefits ASND. <In 1998, the rate of market growth should be 5 percent to 7 percent higher than it was in 1997> This according to Eric Benhamou, and Chris Paisley (COMS) suggesting a 1998 growth rate in the high 20 percent range for internetworking equipment sales. For one, high 20% growth is not too shabby. Specifically, however, growth rates cited for "internetworking equipment sales" are so generic that they don't address individual co's. strengths (and weaknesses) by exploiting only certain sub-groups within the sector. The article indirectly supports Ascend's position as one in which they address primarily the highest growth segments in Networking. ASND is well positioned to grow at a rate substantially higher than the forecast cited by Benhamou and Paisley <Market researchers agree access ATM will be a hot technology in 1998. In a recent study of the ATM market, Dataquest analyst George Hunt estimated the ATM access concentrator arena will nearly double to $375 million in 1998, up from about $205 million in 1997. By 2001, the market will grow to $1.28 billion, he projected.> That's 83% growth. Ascend is well positioned and gaining market-share in ATM. ascend.com Message 3065188 <The low speed concentrator market is expected to climb to $221.2 million in 2001, from $32 million in 1997. High speed (greater than 2-Mbps) concentrator sales will grow 57.3 percent per year to $1.1 billion in 2001, Hunt said.> I don't have the numbers handy, but this is Ascends bread and butter. They lead in worldwide marketshare in this space. And lastly, <The backbone ATM switch market will grow to $4.7 billion in 2001 from $1.4 billion in 1997.> (Hell of a lot more than high 20% CPAGR) If you have any doubt about how Ascend is faring in this area, re-read both of today's press releases (Thanks Glen). I'm no techno-wizard, but that GX550 sure sounds like cutting edge stuff to me! Happy New Year!! Larry