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

To: Tiffany Trump who wrote (41883)	4/1/1998 10:09:00 PM
From: Sector Investor	Read Replies (1) \| Respond to of 61433

Welcome Tiffany! I look forward to your posts! Well, I just got home and plowed through today's posts (very busy day) Three assaults on $39 in the last 40 minutes, the last near the end. $39 should fall early tomorrow, IMO. I see noone posted the comments from Cowen and J.P. Morgan, so I will synopsize later on the News Only thread. The real short version is this: Cowen: PSINET contract is believed to deploy the new voice features announced this week - valuation at $15M+ - part in Q1, rest by the end of Q3 - business should continue to accelerate in 2H98, Europe gearing for deregulation, Latin America beginning to deploy ATM. Short term target $37 (Ha!) J.P. Morgan: Est PSINET contract $15M-$20M recognised in Q2 and Q3. European deployment is a key positive as it shows 56K SW issues are behind us - just the beginning of strong demand in Europe - looking for ASND to report $0.26, driven by strong ATM and F/R sales - 12 month target $55 More later.

To: Tiffany Trump who wrote (41883)	4/1/1998 10:33:00 PM
From: George Coyne	Read Replies (2) \| Respond to of 61433

<< .I like the positive outlook this Thread expresses...so please post your outlook on WHEN you think good ol ASND will be @ 50...I really am bored with all the "40 range" talk...because MY common ASND shares are still @ a depressed price...my target price is 50...so give me your comments on when 50 is achievable for ASND.>> OK Tiffany, I am always up for a WAG! I believe that in cyberspace, technology rules, and ASND has it. I had a dream recently that ASND would overtake CSCO at 62 on Jan. 22, 1999. Since 50 is approximately half-way to 62, and assuming a roughly linear rise, I project that ASND touches 50 on Sept. 1, 1998 at 2:15 PM EST. So, there you have it! *:o)* G. W.