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


To: getgo234 who wrote (42369)4/6/1998 1:50:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
realtime:
38 1/16

hi-39 5/8
lo-37 3/8
vol.4.2

I think we might only be down 3/8-1/2 at the most by the end of the day.



To: getgo234 who wrote (42369)4/6/1998 1:53:00 PM
From: Five2Mil  Read Replies (2) | Respond to of 61433
 
I wonder if buying apr 40 calls is a good idea right now? Any thoughts?

Five2Mil



To: getgo234 who wrote (42369)4/6/1998 2:01:00 PM
From: Dennis R. Duke  Respond to of 61433
 
I am not sure if Bellace will give this company a 1 or ML's buy. It currently is a 3, as I recall. He dropped it from a 2 on the Q3 earnings bummer last year.

He asked the first question at the last CC. So I think that was ramdom luck or he is known to the company. He wrote an analyst report a month ahead of ASND making an announcement about the NTT deal, so he seems close to the company at times.

Michael Ashby said, when asked at the Montgomery Securities conference, that the Solomon Smith Barney analyst was the closest to the company. So I might read their report more intently than Joe's.

Frankly, I was on the war path based on Joe's Q4 report. He published many things in a dark light in my opinion. I was upset by his comments on high employee turnover ratio. (Something that has improved greatly since options were re-priced).

I raised the issue with IR and their thought was he can write what he wants, we just have to perform. And that is what I hope we will see in the earnings and CC. I want/need/desire/gota have good earnings and a strong CC from ASND for this quarter. It will set-up the good forward picture for the strong ATM switch sales to come....

IMHO, Dennis

P.S. There are good bulls who are planning to sell if ML upgrades to "Buy" (not me). So I am not looking for a "1" rating, bu a "2" would be nice!