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

To: Mike Farrar who wrote (43449)	4/9/1998 6:22:00 PM
From: Gary Wisdom	Read Replies (1) \| Respond to of 61433

Jeffrey, re: <<that it it going to get killed on Monday>> Let me guess: you're short Ascend. How the hell did you get that out of Kernan's report? You are really reaching for straws, aren't you? Kernan said nothing of the sort. He was very upbeat on Ascend's prospects, including Monday.

To: Mike Farrar who wrote (43449)	4/9/1998 6:25:00 PM
From: Matt Meagh	Respond to of 61433

I disagree strongly. He did point out that it was at a buck plus change in '94, but that it hadn't recovered to last year's levels when lots of the networkers were "white hot" (quote attributable to Sue? - Joe's partner). I've heard him bash ASND plenty of times, this was not one of them. IMHO Matt

To: Mike Farrar who wrote (43449)	4/9/1998 6:34:00 PM
From: Dennis R. Duke	Read Replies (1) \| Respond to of 61433

The glass is either half empty or half full. Joe said the stock was initially $1 and change earlier than the chart showed, and that it had run to $80, and that it is up about 60% this year-to-date at about $40 after being beaten down to $22 on concerns about the CSCC and ASND merger. BTW, he also called CSCC and ASND great companies be themselves. Now in this market of excess cash in the market, with Yahoo north of $110 on 8 cents in earnings, and a company saying it sees strong demand, don't you think the the likely effect is that the market should be pushing it back to the higher end of the scale? My call is the glass is half full. You can call empty if you want. Just my thoughts, Dennis CC write-up time...