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


To: Maverick who wrote (32551)1/29/1998 9:11:00 PM
From: Gary Korn  Respond to of 61433
 
Tomorrow ASND will give a presentation at Montgomery Security
Conference around 11am. Hopefully Mory will give out some news on
recent contracts, TNT II release date, etc. Also, remember the ITU Group 16 meeting on 56k standard? They will finish by 2/6/98, and once the standard is announced, just watch ASND fly.

Good luck ASND longs,

Hugh.
[From another thread
Gary Korn, or anyone, are you going to be there ?]


Maverick/Hugh,

Dennis Duke from the Yahoo thread will be at the conference as an invitee of Kristina Graziano (ASND IR). I trust that Dennis will report in full on that thread, and in some degree to me (so I can post here). The Yahoo thread is at quote.yahoo.com

Gary Korn

P.S. YTD performance chart to follow.



To: Maverick who wrote (32551)1/29/1998 9:21:00 PM
From: Gary Korn  Respond to of 61433
 
1998 YTD stock performance of selected network stocks through
Thursday, 1/29/98:

Stock 12/31/97 01/29/98 %gain(loss)

MADGF 3 7/8 4.97 28.3
ASND 24 1/2 29 18.4
CSCO 55 3/4 63 3/4 14.3
LU 79 7/8 90 12.7
SHVA 8 9/16 9 9/16 11.7
XYLN 15 1/8 16 1/4 7.4
BAY 25 9/16 27 5/16 6.8
WSTL 12 3/4 13 9/16 6.4
XIRC 10 1/16 10 1/2 4.3
NT 44 1/2 44 5/8 .3
NWX 277.83 275.94 ( .7)
FORE 15 1/4 15 1/16 ( 1.2)
MRVC 23 7/8 23 3/8 ( 2.1)
CS 15 14 1/4 ( 5.0)
TLAB 52 7/8 49 15/16 ( 5.6)
COMS 34 15/16 32 3/8 ( 7.3)
PAIR 19 3/8 17 9/16 ( 9.4)
NN 34 7/8 27 1/4 (21.9)

Gary Korn



To: Maverick who wrote (32551)1/29/1998 9:26:00 PM
From: Gary Korn  Respond to of 61433
 
Stock performance of selected network stocks since NWX peaked on
10/9/97 (same day as ASND 3Q earnings) thru Thursday, 1/29/98:

Stock 10/09/97 01/29/98 %gain(loss)

CSCO 54.58 63 3/4 16.8
LU 88 7/16 90 1.8
ASND 33 1/8 29 (12.5)
XIRC 12 1/8 10 1/2 (13.4)
TLAB 58 49 15/16 (13.9)
NT 54.6 44 5/8 (18.3)
NWX 362 275.94 (23.8)
FORE 20 15/16 15 1/16 (28.1)
XYLN 23 3/8 16 1/4 (30.5)
SHVA 14 9 9/16 (31.1)
BAY 41 27 3/16 (33.4)
MRVC 38 23 3/8 (38.5)
PAIR 29 1/2 17 9/16 (40.5)
MADGF 8 3/8 4.97 (40.7)
COMS 55 5/16 32 3/8 (41.5)
NN 64 3/8 27 1/4 (57.7)
CS 33 3/4 14 1/4 (57.8)

Gary Korn

P.S. I wouldn't worry about ASND today. I still think every day
it trades below 30 is a buying opportunity.



To: Maverick who wrote (32551)1/29/1998 10:59:00 PM
From: getgo234  Read Replies (1) | Respond to of 61433
 
To Maverick and others:
I believe the Montgomery
conference is taking place on the West Coast. Is the 11:00 a.m. ASND
presentation PSE or EST ? Thanks for your help.