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

To: Sector Investor who wrote (34935)	2/15/1998 5:45:00 PM
From: polarisnh	Read Replies (1) \| Respond to of 61433

OT Let's hope that 1998 is with the underdogs like John Elway and Denver vs Green Bay, Ascend vs Cisco, and #3 Dale Earnhardt against the rest of NASCAR in winning his 1st Daytona 500 in 20 tries. Way to go Earnhardt, Elway, & Ascend. Let 1998 continue to be great! Cheers, Steve

To: Sector Investor who wrote (34935)	2/15/1998 5:49:00 PM
From: Jim Lou	Respond to of 61433

<<0,1,1,2,3,5,8,13,21,34... But how does this relate to ASND? .681?>> Fib series is used to calculate population growth. Here, it is applied to counting the rapid growing number of Ascend investors, I assume... :), right Blank?

To: Sector Investor who wrote (34935)	2/15/1998 7:33:00 PM
From: blankmind	Respond to of 61433

pete understands this type of stuff and could elaborate further. but the series 0,1,1,2,3,5,8,13,21,34.... each successive number is approximately .681 the preceding number. some ta types actually use this stuff to predict stock performance. if you use the fan lines in Fibonacci Numbers you pick a trough (some low point) and and an opposite peak, and then draw lines at of 38.2%, 50.0%, and 61.8%.. to find support and resistance. price will fluctuate, in theory, between these fan lines.

To: Sector Investor who wrote (34935)	2/16/1998 4:47:00 PM
From: dwight martin	Read Replies (1) \| Respond to of 61433

He meant .618, not .681. The .618ñ number is reciprocal of 1.618ñ, the limit around which the ratio of a given term of the Fibonacci sequence to preceding term converges as the terms become large. Numerous natural systems exhibit properties keyed to this number. I have proved that an entirely new number system based on this transcendental number, called phi, exists. In this system, complex calculations may be solved more or less by inspection, but the margin of this paper is too small to contain the proof. :>)