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


To: Glenn D. Rudolph who wrote (32696)1/30/1998 10:43:00 PM
From: Gary Korn  Respond to of 61433
 
1998 YTD stock performance of selected network stocks through
Friday, 1/30/98 (courtesy of Glenn Rudolph's spreadsheet):

Stock 12/31/97 01/30/98 %gain(loss)

MADGF 3 7/8 4.97 28.3
XYLN 15 1/8 18 1/2 22.3
ASND 24 1/2 29 9/16 20.7
CSCO 55 3/4 63 1/16 13.1
LU 79 7/8 88 1/2 10.8
SHVA 8 9/16 9 7/16 10.2
BAY 25 9/16 27 3/16 6.4
XIRC 10 1/16 10 9/16 5.0
NT 44 1/2 45 1/8 1.4
WSTL 12 3/4 12 7/8 1.0
NWX 277.83 277.36 ( .2)
MRVC 23 7/8 23 7/16 ( 1.8)
TLAB 52 7/8 51 3/16 ( 3.2)
MRVC 23 7/8 23 7/16 ( 3.3)
CS 15 14 7/16 ( 3.8)
PAIR 19 3/8 18 3/8 ( 5.2)
COMS 34 15/16 33 1/16 ( 5.4)
NN 34 7/8 26 (25.4)

Gary Korn



To: Glenn D. Rudolph who wrote (32696)1/30/1998 10:47:00 PM
From: Jurgen  Read Replies (1) | Respond to of 61433
 
Chart Check up

1. Tushar Chande

ASCEND COMM (ASND)

For 1/30/98 the closing price was 29.5625.
Overall, the bias in prices is: Upwards.
Short term: Prices are stalling.
Intermediate term: Prices are trending.
Note: this chart shows extraordinary price action to the upside.
By the way, prices are vulnerable to a correction towards 29.04.

The projected upper bound is: 33.17.
The projected lower bound is: 26.12.
The projected closing price is: 29.65.

===========================================================

2. Rex Takasugi - TD Profile
Analysis of ASCEND COMM (ASND) as of 1/30/98

ASCEND COMM closed up 0.563 at 29.563.
Volume was 38% below average (neutral) and Bollinger Bands
were 32% narrower than normal.

Open High Low Close Volume___
29.125 29.875 28.750 29.563 42,192

Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 29.22 26.72 38.05
Volatility: 64 84 83
Volume: 59,062 59,987 82,162

Summary

ASCEND COMM is currently 22.3% below its 200-period
moving average and is in an upward trend. Volatility is
relatively normal as compared to the average volatility
over the last 10 periods. Our volume indicators reflect
volume flowing into and out of ASND at a relatively equal
pace (neutral). Our trend forecasting oscillators are
currently bullish on ASND and have had this outlook for the
last 16 periods.



To: Glenn D. Rudolph who wrote (32696)1/30/1998 10:49:00 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 Friday, 1/30/98
(courtesy of Glenn Rudolph's spreadsheet):

Stock 10/09/97 01/30/98 %gain(loss)

CSCO 54.58 63 1/16 15.4
LU 88 7/16 88 1/2 .1
ASND 33 1/8 29 9/16 (10.8)
TLAB 58 51 3/16 (11.7)
XIRC 12 1/8 10 9/16 (12.9)
NT 54.6 45 1/8 (17.3)
XYLN 23 3/8 18 1/2 (20.9)
NWX 362 277.36 (23.4)
FORE 20 15/16 14 3/4 (29.6)
SHVA 14 9 7/16 (31.6)
BAY 41 27 3/16 (33.7)
PAIR 29 1/2 18 3/8 (37.7)
MRVC 38 23 7/16 (38.3)
COMS 55 5/16 33 1/16 (40.2)
MADGF 8 3/8 4.97 (40.7)
CS 33 3/4 14 7/16 (57.2)
NN 64 3/8 26 (60.2)

Gary Korn