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

To: Darren who wrote (47969)	6/3/1998 7:53:00 PM
From: Sure Thing	Respond to of 61433

"If you are going from 43 to 49 1/2 that doesn't sound like much of a mint to me, 9% is nothing." The 9% percent seems big to me when I am on margin, it will translate into a 15% return on equity in a few months. I do follow the NASDAQ, it's one of the best indicators when we are oversold. Unlike you, I believe that ASND is a safer stock than most tech stocks due to the conservative earnings estimates. The confidence that I have in Ascend making or beating the estimates allows me to take the risk of buying on margin. - Sure Thing -

To: Darren who wrote (47969)	6/3/1998 8:09:00 PM
From: garrick le	Read Replies (1) \| Respond to of 61433

Darren, Seem like you the resident stock expert here on this thread. I 'd like to offer a different idea to what you said: INTC from 65 to 100 (when is it going to be 100 ? may be end of 1999 when Merced is in production).I see it in a trading range of 65-80 the next 6 months. ASND: earning blip will take it down 35 % : I agree with such scenario but it 's not likely IMO,there will not be any earning shortfall the next 3 quarters ,there are too much demand for their product now and well into the foreseeable future. So my prediction is : 12/98 : INTC 75. 12/98 : ASND 70. GL