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

To: Gary Korn who wrote (36044)	2/23/1998 1:45:00 PM
From: Falcon	Respond to of 61433

uh huh.....sure pick on the new guy....actually I thought I should get something...ya know, like being the millionth customer at a store or something...maybe a nice sports car....

To: Gary Korn who wrote (36044)	2/23/1998 1:46:00 PM
From: Christopher Reed	Read Replies (1) \| Respond to of 61433

OT This post is to qualify for the Guinness Stout. OB. Go ASND. Cheers.. Chris.

To: Gary Korn who wrote (36044)	2/23/1998 1:52:00 PM
From: Jurgen	Read Replies (2) \| Respond to of 61433

OT Stock Split Gary, maybe this is a dumb questions, but anyway.. Why do stock prices go up when companies announce a split (DELL, MSFT) or when there's a rumor that they might split (MERCK). I don't get it. Where is the value when they double the number of shares ? Ok you can buy more shares for the same money, but it's still the same percentage of share capital, the same company, the same earnings, the same future. What am i missing ? Jurgen

To: Gary Korn who wrote (36044)	2/23/1998 2:02:00 PM
From: FUZFO	Read Replies (1) \| Respond to of 61433

Gary, LOL. Now back to business. Anyone notice we are trading at just right below A$ND's 200 DMA, I think its at about 36 3/4? Looking back, start of January A$ND punched through its its 50 DMA and went from about 27 to 31 Gain of about $4. Start of Feb it punched through its 100 DMA and zipped up from 31 to about 35, Gain of another $4. Here we are staging for an assault on the 200 DMA at 36 3/4, if successful this will surely get the attention of some additional fund managers buy programs who have been holding off, and zipp A$ND up over $40 IMHO. Anyone else? Fuzfo