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

To: Larry J. who wrote (35733)	2/21/1998 5:00:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 61433

Larry: I sold 500 shares of Asnd at 35 7/16 yesterday morning (still have lots left.) I would like to buy them back at lower prices. Its funny that I am not able to trade ASND but only watching other people trading it. It's frustrating. Jan Are you starting to buy Adpt again ? Adct was a good trade for me

To: Larry J. who wrote (35733)	2/21/1998 5:57:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 61433

P.S. Stepping into CIEN @ $42 seems very risky here. Don't forget how awesome ASND looked @ $42 not all that long ago! Anyone follow CKFR......just caught my interest. Larry, Your observation is true. However the problems with CIEN and ASND were entirley different. This post explains it well. Message 3493740 Glenn

To: Larry J. who wrote (35733)	2/21/1998 6:32:00 PM
From: username	Respond to of 61433

I sold some (covered) calls yesterday.

To: Larry J. who wrote (35733)	2/21/1998 7:12:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 61433

Anyone follow CKFR......just caught my interest. Been in since Oct/Nov. Great story. They're the e-billing leaders, behind Intuit, Integrion, and a long list of banks like Chase, Wells Fargo, Nations, to name a few. Also capturing the big utilities billers: RBOCs, power companies and so on. Pat

To: Larry J. who wrote (35733)	2/21/1998 11:49:00 PM
From: Clare	Read Replies (2) \| Respond to of 61433

<<Anyone lightening up @ $35 +? Awfully tempting to sell some here with intent to repurchase lower. Or, the ASND for CPQ idea is a very good one, as is ASND for CS or ADPT.>> CPQ idea may be good, but definitely NOT CS! CS is on their way to irrelevancy. They lost momentum, and have strong focused competitors. Their technology is old. Hubs are dead. And their connection-oriented Secure-fast-smart-stuff isn't well suited for multicast traffic, nor intra-to-internet traffic. The only thing they are acknowledged for is Spectrum network management, but when the customer hasn't got a Cabletron network, what use is it to him to manage it? They cannot cover end-to-end, nor do they have the customer base to go up against Cisco, Bay, and COMS in the Enterprise space. Ascend, meanwhile is in the ISP/WAN space. They have a large installed base, and the Cascade acquisition has strengthened their position. Cascade has a following among the telcos, and Ascend has established themselves with ISP. In networking, it is hard to unseat the incumbent unless he screws up. Cabletron is not incumbent, and does not have market-leading technology. IMHO trading ASND for CS is not recommended.

To: Larry J. who wrote (35733)	2/22/1998 11:13:00 AM
From: Xpiderman	Respond to of 61433

Second Opinion (http://207.53.33.62/Weekly/Secop/ASND.asp?plan=N) put ASND a "STRONG BUY" at $35 1/2 level. COMMENT Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a STRONG UPWARD TREND Relative Strength is BULLISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is falling which is BEARISH LOOK FOR SUPPORT AT 35.38 RECOMMENDATION STOCK IS A STRONG BUY