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

To: Sure Thing who wrote (33947)	2/8/1998 5:12:00 PM
From: username	Read Replies (1) \| Respond to of 61433

Sure, I'd forgotten about the '84 cycle, but '97 is fresh in my mind. I can't help but recall that COMS was the first stock I threw money at after studying Thomas DeMark's Sequential signal. I really did well. If you like a company but are not sure where to jump on, (or off), you could do a lot worse. It's one of 5 primary filters I use, (not counting fundamentals; the most important), and the only problem I have when I describe it is getting someone to not laugh before I'm done with my explanation. The recent buy signal for ASND was December 19th, 1997. I was in before that date, but, (on this occasion at least,) it was a terrific signal. I'm gonna check the Sequential on AOL, maybe a sell is forming. pete

To: Sure Thing who wrote (33947)	2/8/1998 7:23:00 PM
From: Sector Investor	Read Replies (1) \| Respond to of 61433

<< I think Sector Investor's bet with Tim Luke (IMHO) is a - Sure Thing ->> Thanks for the vote of confidence. At the time I made the bet, the sentiment was just starting to change. I agree that ASND should double from it's low within 12 months. Why? First because it should never have been at $22 in the first place. Did they have a losing quarter? No. $0.20 is much better than COMS $0.07. Did they lose a single customer? No. Second because of the run of contracts and the potential of the GX-550 to be a "killer product". Third because this is the start of a new product cycle beginning with the GX-550 and DSLTNT and continuing with all the products Maverick has hinted at. Fourth, because IMO the street will view ASND's "guarantee" for 1998 earnings very positively as the year progresses, amid continuing weak Asia sales impacting other companies more severely than ASND. Money has to go somewhere and people will get tired of bonds and high percentages of cash. Also, as the year progresses, ASND's earnings get stronger. Fifth, because the pendulum always overshoots the center.