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

To: Gary Korn who wrote (32209)	1/27/1998 2:39:00 PM
From: username	Read Replies (1) \| Respond to of 61433

*OT* get a Dell computer, free iomega.com

To: Gary Korn who wrote (32209)	1/27/1998 3:43:00 PM
From: Sector Investor	Read Replies (3) \| Respond to of 61433

Looks like Tim may be right about ASND's trading range this week. Still, there could be announcements coming out of the COMNET show. I lightened up a few hundred shares last week, but I plan to hold the rest - you never know when that Worldcom announcement will get made. I don't have to follow the 31 day wash-sale rule, though, so make your own decisions.

To: Gary Korn who wrote (32209)	1/27/1998 5:59:00 PM
From: blankmind	Read Replies (2) \| Respond to of 61433

gary, i enjoy the idea of parking my money somewhere else, have it grow and then return to asnd just as it begins to move higher (this assumes asnd will rise). 1. which stock(s) guarantees results better than asnd. anyone answering this question, your result will be tallied and posted each day until 2 weeks prior to 1q earnings. 2. how do you know asnd won't move until earnings? 3. my prediction, asnd will guide the street privately during middle of the 1q on growth and projected earnings, then asnd will move. good luck. p.s. i sent your business card to the prez with reference to how well you defended my on this thread, i am sure he will call you for legal representation.

To: Gary Korn who wrote (32209)	1/27/1998 6:50:00 PM
From: Roadkill	Read Replies (1) \| Respond to of 61433

Gary, I think ASND will trade generally between 28 and 32 for the next few months, barring substantial news or a bear market. As you note, the projected 9% EPS growth rate for 1998 didn't exactly thrill the Street, and neither should it. Nonetheless, this is a year of gross margin adjustment. Revenues will grow 20-25%+, but EPS will lag considerably. Once margins adjust (by 1999, hopefully), the EPS growth should closely track the predicted 20-30% annual revenue growth, and the longs will be back in business. If ASND can compound that revenue growth with a future readjustment to historic gross margins (GX 550, etc.), we could have some substantial upward earnings surprises. By the end of '98, I'm hoping that the stock may begin to push $40-45. Unfortunately, that's right when the LU prohibition on stock acquisitions ends, and ASND may get scooped up by LU for $45-55/share in LU stock. This would actually be a bad result for the ASND longs, because 1999 could have a huge upside for ASND, with the focus on the core-switching business and the increased high-margin service business. Oh well. All just MHO, of course. Matt