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

To: Gary Korn who wrote (32581)	1/30/1998 11:01:00 AM
From: George T. Santamaria	Respond to of 61433

<....IPO, Ascend had become the fastest company in history to go from IPO to $10 billion in value.> Maybe the author is telling a future truth but I think that a decimal point is missing in that sum.

To: Gary Korn who wrote (32581)	1/31/1998 3:41:00 PM
From: Douglas V. Fant	Respond to of 61433

Gary, No news to offer, but here's the technical readout... Enter New Symbol \| Home \| Contact Us \| Help Second Opinion - ASND 02/02/98 Symbol: ASNDName: ASCEND COMMUNICATIONExchange: NMS PRICE ANALYSISClose29.56Open29.13High29.88Low28.75Change0.56YrHigh68.50YrLow22.00Mo Chg (%)20.7 ResistanceN/ASupport28.58SELL STOP25.60Volatility (%)5Position78ADXR19OPINIONC-Rate15.6LONG 01/16/98 ÿ ÿ ÿ ÿ ÿ 28.94VOLUME ANALYSISVolume42192Ave Vol 64425Mo Chg (%)-6.0U/D ÿ 1.7 ÿ SlopeUPObvBLPos ObvBLNeg ObvBRMFI ÿ 58 ÿ SlopeDOWN TECHNICAL ANALYSISAlpha-0.38Beta1.41MACD-STBLMACD-LTBL50-Day R.S.1.1210-Day M.A.UP10121-Day M.A.UP10550-Day M.A.UP111200-Day M.A.DOWN78STO(Slow %K)69STO(Fast %K)69Wilders-RSI58OBOS1Bollinger Bands22RSV10POWER RATING83SCORE = 0 COMMENT Moving Average Convergence/Devergence (MACD) indicates a BULLISH TREND Chart pattern indicates a WEAK UPWARD TREND Relative Strength is BULLISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is falling which is BEARISH LOOK FOR SUPPORT AT 28.58 RECOMMENDATION STOCK IS A STRONG BUY

To: Gary Korn who wrote (32581)	1/31/1998 5:27:00 PM
From: Marc Hyman	Read Replies (2) \| Respond to of 61433

Gary Korn quotes Mory Ejabat as saying: In its first life it developed and sold ISDN boxes--it reached $1 MM in sales and discovered that it had achieved 100% market saturation. Mory is slightly exaggerating. I think Ascend had 90% market saturation. We sold 9 of the original boxes, 7 of the 17 slot monsters and 2 of the 4 slot units. We lost the other sale to Gandalf -- the customer wanted X.25 only and Gandalf had a cheaper X.25 solution. These boxes were ISDN equivalents of a modem rack. AFAIK the 4 slot units were never used. For all I know the 17 slot units are still in use. I made the last change to the code in Aug of 92 which was two years after the start of the Multiband product. This is the company we took public at Morgan Stanley in 1994 at a market cap of about $200 MM. There was no mention of the word "internet" in our prospectus. Yes, but we had been working on what turned into the Pipeline and Max+Ethernet for about a year before the IPO. I debugged the first Ascend ethernet driver in May 1993 (IPO was May, 1994). I think the first general software release with the bridging routing software was 4.0 which I cut in February of 94. This was beta quality code. Lots of bugs found and fixed and in April of 94, just before IPO, I cut version 4.2. I think PSI went live with 4.2 (and UUNET testing started testing around that time.) // marc