SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Inga who wrote (36542)2/26/1998 4:12:00 PM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
Closing prices of select network stocks, Thursday, 2/26/98:

*ASND- 36.63 +.38 36.63 b 36.69 a122x10 45515 16:01 37.00 h 36.00 l PAIR+ 19.50 +.19 19.44 b 19.50 a 10x12 11850 16:00 19.62 h 19.19 l *COMS+ 35.19 +.06 35.19 b 35.25 a 10x36 72221 16:01 35.94 h 34.69 l *CS+ 15.50 -.25 15.44 b 15.50 a 57x100 13864 16:00 15.81 h 15.38 l *CSCO+ 66.50 -.25 66.44 b 66.50 a285x10 77935 16:01 66.63 h 64.94 l *NN+ 21.87 -.13 21.75 b 21.87 a 20x48 4435 16:01 22.19 h 21.63 l *NT+ 53.06 +1.94 53.00 b 53.12 a 27x153 6548 16:00 53.19 h 51.44 l *NETA 64.81 -.06 64.69 b 64.81 a 20x10 17165 15:59 65.50 h 63.25 l *TLAB 61.06 +1.44 61.00 b 61.06 a 10x10 33067 16:01 62.00 h 59.13 l SHVA+ 12.56 +.50 12.56 b 12.62 a 20x10 6862 16:01 12.81 h 11.94 l XIRC- 13.03 -.22 13.00 b 13.06 a 12x5 4125 16:01 13.25 h 12.62 l *XYLN 24.94 -1.19 24.87 b 24.94 a 10x10 14822 16:00 26.06 h 24.75 l *FORE- 16.06 +.00 16.06 b 16.19 a 10x30 14200 16:00 16.31 h 15.87 l *BAY+ 33.44 +1.87 33.37 b 33.50 a300x300 40551 16:01 33.44 h 31.69 l MRVC+ 24.00 -.13 23.87 b 24.00 a 10x20 6413 16:00 24.37 h 23.75 l *LU- 109.06 +2.69 109.00 b 109.13 a 10x89 26605 16:01 109.63 h 106.25 l *MADGF 6.75 +.69 6.69 b 6.75 a 7x25 9830 15:59 6.75 h 6.06 l WSTL+ 12.56 +.75 12.50 b 12.56 a 3x20 2904 16:01 12.56 h 11.56 l *QWST+ 35.50 -.75 35.50 b 35.62 a 5x15 9953 16:00 37.12 h 35.00 l CIEN+ 41.44 +1.00 41.44 b 41.50 a180x10 33837 16:01 42.06 h 40.12 l NWX 321.07 +5.64 16:11 321.09 h 314.54 l



To: Inga who wrote (36542)2/26/1998 5:05:00 PM
From: Inga  Read Replies (1) | Respond to of 61433
 
Tonight's top ten reasons to be an Ascend Communications investor.
10. Asnd shares has appreciated more than 40% since Jan. 1 and major institutions start buying remaining outstanding shares. In the last 18 trading days, there were only 2 down days. There were no 2 consecutive down days since Feb 2.

9. ATM is the current buzzword not RAS/RAC. CSCO is now ahead of Asnd in terms of RAS/RAC market share as claimed by Chambers. Asnd business emphasizes ATM sales to RBOCs and CLECs and de-emphaisizes RAS/RAC business.

8. Asnd has a potential killer product GX-550 which will be released formally in April 98 (currently being beta-tested by Williams Communications). The sales of this product for Internet bandwith deployment in second half of 98 should expand Asnd's P/E ratio into the 40+ range.

7. Internet telephony seems to pick up starting this year. The technology requires backbone bandwidth which should bring/boost sales to Asnd's ATM product lines. This may also be the positive strategy inflection point for Asnd.

6. Institutions start to buy Asnd shares again almost daily. Watch INCA buying from your level II screen. The Capital Investment Group holds as much as 8% of the company common stock.

5. Asnd stock price seems to increase 5 points per month per options expiration. 25 in December, 30 in January, 35 in February, and very possibly 40 in March. There is no immediate foreseeable reason to severely disrupt this fixed price appreciation pattern.

4. Asnd insider sales have been the lowest. The insiders probably know better and expect a good price run-up VERY SOON.

3. Asnd has more than one 10% sales customers (UUNET and AT&T).

2. Asnd has not yet announced the details of the Williams and AT&T contracts. Expect a good break-out when the announcement days come.

Ladies and gentlemen, seriously, the number one reason to invest in Mory's and Co tonight is:

1. A lot of former Asnd daytraders have turned into Asnd long-term investors and have expressed confidence that Asnd will be at 40 tomorrow and 80 by December.



To: Inga who wrote (36542)2/26/1998 6:11:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
I may miss my call of 40 by friday but the stock is headed higher. For those of you who aree in this stock above 50 and I'm sure there are many, don't worry this will be a $60 stock this year takeover or not.