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

To: peacelover who wrote (35324)	2/18/1998 9:56:00 PM
From: Matt Webster	Read Replies (1) \| Respond to of 61433

Let me concur with my opinion that is very much an Ascend cheerleading club. That's usually fine, since I also like the stock. But if that hypothetical fund manager was thinking of selling, a 20%-40% run isn't that bad of a profit. Buy low, sell higher, even if it's not the highest high. With ASND at 34, I would not be surprised to see it test 30 again. We can all buy in again there. If I had to choose between whether 30 or 38 (4 point move in either direction), I would be hard pressed. Too many variables can change. If mine wasn't in an IRA account, I would sell the shares and buy some calls to free cash and lower the "delta." Matt

To: peacelover who wrote (35324)	2/18/1998 10:01:00 PM
From: Jurgen	Respond to of 61433

What do you mean - no respect ? Read FUZFO's post: Message 3468749 If you're short term in ASND, you should be fine. It's up more than 40% in six weeks. If you're in "for the long haul" (=eternity) why do you care ? Peace ! Jurgen

To: peacelover who wrote (35324)	2/18/1998 10:29:00 PM
From: Gary Korn	Read Replies (2) \| Respond to of 61433

Would you enlighten me a bit as to what it takes for this company to get respect by investors? Peacelover, I'm too tired tonite for much in the way of thought, but I would say the following: 1. Look at the chart since December. #chart-asnd That shows a good deal of respect by investors, in my opinion. If CSCC's ATM had not picked up the beat, ASND could well have dipped into the teens back in December (though it would have come up -- to a lesser extent than it has -- with the NWX in general in 1998). So, I'd say that CSCC/ATM gave investors (institutional and retail) the first thing they needed to return to this stock. 2. In direct answer to your question "what does it take," I think it will take real earnings growth: ASND has promised double-digit sequential growth by 2H98. I can understand some upward momentum prior to then (particularly given all the positive press about ATM generally and some new ASND products in particular). However, I don't think it is unfair to expect somewhat of a holding pattern and even dips until/unless earnings truly start to ramp up (or until mgmt. says they will start to ramp up). 3. As best as I can tell, RAS remains flat. That is pushing a lot of eggs in to the core switching basket, which is somewhat worrisome, and doubtless imposes some lid on the stock price. I'm hoping the new TNT products, in combination with some additional cash on hand at ISPs and a settling of the Asian panic, will cause a pick-up in RAS sales, but not until 1999. Gary Korn