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

To: Tim Luke who wrote (31463)	1/21/1998 4:19:00 PM
From: Gary Korn	Respond to of 61433

Closing prices of selected network stocks, Wed., 1/21/98: ASND+ 29.81 -.94 29.75 b 29.81 a 98x60 111382 16:01 30.81 h 28.87 l PAIR- 19.06 +1.69 19.06 b 19.19 a 30x10 42488 16:01 19.31 h 17.56 l COMS 31.69 -.75 31.63 b 31.69 a 10x10 39657 16:01 32.31 h 31.37 l CS+ 14.06 +.06 14.00 b 14.13 a 10x300 9259 16:02 14.31 h 13.62 l CSCO+ 59.37 -.13 59.31 b 59.37 a 50x15 87084 16:01 59.62 h 56.75 l NN+ 30.87 +.38 30.81 b 30.94 a 30x28 11451 16:01 31.44 h 30.00 l NT+ 42.94 -1.19 42.88 b 43.00 a100x100 6254 16:01 44.25 h 42.62 l NETA- 52.50 +.00 52.50 b 52.56 a 10x10 15974 16:00 53.75 h 51.00 l TLAB+ 51.25 -.81 51.25 b 51.37 a 10x10 18436 16:01 52.12 h 50.56 l SHVA- 9.75 -.38 9.81 b 9.87 a 10x10 2676 16:00 10.00 h 9.75 l XIRC+ 10.75 +.63 10.75 b 10.81 a 10x19 3637 15:58 10.94 h 10.06 l XYLN- 14.87 -.13 14.87 b 15.00 a 27x50 2810 15:59 15.00 h 14.75 l FORE+ 17.31 -.63 17.31 b 17.37 a 10x10 32246 16:01 17.81 h 17.25 l BAY+ 27.00 -2.37 26.94 b 27.06 a200x200 60626 16:00 27.19 h 26.12 l MRVC+ 25.00 -.63 25.00 b 25.12 a 10x20 5704 16:00 25.87 h 24.25 l LU- 82.94 +2.00 82.94 b 83.00 a 20x110 42263 16:00 83.44 h 81.00 l MADGF- 3.75 -.31 3.75 b 3.81 a 38x10 1909 15:59 4.06 h 3.75 l WSTL+ 12.31 -.56 12.19 b 12.31 a 10x10 2146 15:57 13.25 h 12.00 l NWX 272.54 -4.32 16:19 276.86 h 270.61 l

To: Tim Luke who wrote (31463)	1/21/1998 4:43:00 PM
From: Greg h2o	Read Replies (1) \| Respond to of 61433

RE< I guess going from 80 to 20 and can't even stay above 30 is a good investment.> Guess that all depends on where you bought it, huh? But I guess since you don't own it, it's kinda like playing arm-chair quarterback...hind site truly IS 20-20! get real, greg

To: Tim Luke who wrote (31463)	1/21/1998 4:45:00 PM
From: Sector Investor	Read Replies (2) \| Respond to of 61433

<<It seems that you guys make the biggest mistake in investing and that is falling in love with your stocks. I guess going from 80 to 20 and can't even stay above 30 is a good investment.>> Tim, you are primarily a trader, not an investor. The fact the stock can't "stay above 30" is a short-term sentiment and perception issue - it has nothing to do with ASND's fundamentals. Sentiment and perception is in the process of changing. So it takes a while? I'm holding my core position for a Loooong time, trading a portion. I'm not in love with ASND, but it's long term prospects and long term price appreciation look more solid to me than most other companies - certainly in the networking sector. Take CSCO for example. Which will double sooner from today's price?