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

To: Gary Korn who wrote (33603)	2/5/1998 10:52:00 PM
From: john Kurisko	Read Replies (1) \| Respond to of 61433

"Brief:A mixed bag for the networkers... 3Com tumbled over 2 points amid renewed concerns that sales will slow and inventories will mount... On the other side of the ledger, Shiva (+1 9/16), FORE (+7/8), Newbridge (+1 1/4) and Ascend (+1 3/4) posted strong gains... The latter continued to climb amid rumors that either Nortel or Lucent are ready to pounce... These are old rumors, however... Shiva's gain catapulted stock through pivotal resistance... Set for near- to intermediate-term test of the 15 area... FORE Systems jumped on news that Merrill upped its n/t rating to accumulate from neutral and that Van Kasper & Co. started coverage with a l/t buy." The question is does Ascend want to be bought, are they on the market, if not will we see some news out soon to shoot there price up higher. My guess is yes, but it is only that a guess, volume is picking up in a big way...If we break 33 1/2 tomorrow i can see it closing above 35. added if the dow has a good day..well we might have a reall good day. Does anyone want to speculate what this company is worth per share?... John