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

To: Greg Jung who wrote (41421)	3/28/1998 12:16:00 PM
From: thebeach	Respond to of 61433

We appreciate your opinion but quite frankly I do not think you know what on earth you are talking about.Take another stab at it.

To: Greg Jung who wrote (41421)	3/28/1998 12:36:00 PM
From: Jan Crawley	Respond to of 61433

The stock is rising on takeover speculation (imagined), not the expectations relative to their earnings. Holders of a presumed suitor do not believe it, otherwise we'd see somebody tanking. Greg, Would you elaborate/support your take-over speculation statement. Consolidation/Asnd merger has been a possibility for a while but it is not a front-burner issue currently. Unless you share with us your insight....... Asnd was traded above $35 comfortably on its own strength. Then (two weeks ago)the real/speculated earnings shortfall surfaced due to many market conditions/manipulations/psychology...... Currently, the realization is that Asnd is most likely on target on it's 1q earnings; which suggests that their problems are behind them and the turn around is solid.... I believe that when Asnd turns around...it will regain the same P/E treatment with its peers..(currently COMS is over 50, CSCO, BAY...)..some time this summer. On a further note, If Asnd's earnings is $.24 Vs $.25 with more favorble future visibility, why should Asnd be punished severly by the Streets? 30 something will should still be the floor. (COMS earned $.04, with $.70 as the 1998 total Eps. estimates.) Just my opinion. Regards, Jan

To: Greg Jung who wrote (41421)	3/28/1998 2:12:00 PM
From: Perry	Read Replies (2) \| Respond to of 61433

I agree the stock may very well pull back in the short term. However, if you think the price rise is do to takeover speculation that's been rumored for months I think you are sadly mistaken. I hope your not short ASND! Good luck to us all. Perry

To: Greg Jung who wrote (41421)	3/28/1998 4:18:00 PM
From: gbh	Read Replies (1) \| Respond to of 61433

Greg, another short prayer, ehhh, player. Until earnings, any selloffs will be mild, probably with immediate back filling as the bigs stumble over each other to get in before its too late. That said, I will say what I've stated here before: 1) The gains until earnings will be wacked severely on even a .01 miss, IMHO. 2) Mild pullback if we hit on the nose, given the runnup that has occurred and will be occurring until earnings. 3) LOOK OUT if we exceed. To be fair, I have stated 40 would not be reached before earnings, but I've happily changed my opinion on this, as rotation from others network dogs (this quarter), lack of a warning, and (most satisfying of all) short covering continues to push the stock higher. Maybe add some takeover spec in there (just not LU). So, be honest, when do you cover?

To: Greg Jung who wrote (41421)	3/29/1998 12:39:00 AM
From: Sowbug	Respond to of 61433

Greg, it is my opinion that you are wrong. <eom> The stock is rising on takeover speculation (imagined), not the expectations relative to their earnings. Holders of a presumed suitor do not believe it, otherwise we'd see somebody tanking. Run-ups to earnings occur just prior to the fact, not two weeks in advance. I expect a selloff from this level consistent with the oscillating downtrend begining to appear in the chart. If it pushes to 40 the ball game changes a bit.

To: Greg Jung who wrote (41421)	3/29/1998 10:36:00 AM
From: The Phoenix	Respond to of 61433

The stock is rising on takeover speculation (imagined), not the expectations relative to their earnings. Holders of a presumed suitor do not believe it, otherwise we'd see somebody tanking. What makes you say this? There have been takeover speculations on this pup for months now. Why the run-up now? Run-ups to earnings occur just prior to the fact, not two weeks in advance. Interesting opinion....but I don't think I agree with you. It used to be the run-up before earnings would happen a few days prior. But investors learn quickly and this run-up -could- be investors hoping to benefit from an expected pre-earnings run-up...in effect moving the pre-earnings run-up earlier. This happened to Cisco last quarter where the run-up began 2-3 weeks prior to earnings announce. Gary (not Korn)