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

To: Jack Colton who wrote (47605)	5/28/1998 12:01:00 AM
From: Jan Crawley	Respond to of 61433

Well, Jack, just from the top of my head; I tend to agree that Asnd is reasonably valued (at $45) currently based on it's current F/A. However, If Asnd meet its projections for the next two quarters, (with all indications, Asnd should), then we should see around $55 before the end of the year. Without any merger/buyout considerations Again, the above just my feeling/thoughts only! Jan

To: Jack Colton who wrote (47605)	5/28/1998 12:04:00 AM
From: Darren	Read Replies (1) \| Respond to of 61433

Bob Walberg, chief analyst of breifing.com, is talking on CNNfn. He stated that ASND has hit the top of its growth curve and would stay in the low to mid 40s. Does anyone really believe this? You're right. I don't believe it. I think it could go below the mid-40's...

To: Jack Colton who wrote (47605)	5/28/1998 12:05:00 AM
From: Bindusagar Reddy	Read Replies (1) \| Respond to of 61433

May Short interest increased 3.7% to 16.2 million from 15.6 million ASCEND COMMUN from WSJ INC May 16,248,910 April 15,662,928 Change % 3.7 Surprising to see that shorts have not covered yet. The short squeeze play is still on.

To: Jack Colton who wrote (47605)	5/28/1998 3:47:00 AM
From: djane	Read Replies (5) \| Respond to of 61433

Jack, as we all know, briefing.com is always wrong. And, if not wrong, they seem corrupt. Maybe this is the signal of an upcoming acquisition of ASND. I've found they are the ultimate contrarian indicator for the small investor (if you believe in that sort of thing). djane