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

To: djane who wrote (50070)	7/15/1998 12:33:00 PM
From: gbh	Read Replies (1) \| Respond to of 61433

For long-term holders, it looks like we have to clear out the weak hands again in order to move higher. Yes, and a nice TNT or 550 contract wouldn't hurt either. Gary

To: djane who wrote (50070)	7/15/1998 12:39:00 PM
From: hitesh puri	Read Replies (2) \| Respond to of 61433

Damn this options related manipulation and volatility. ASND down and now COMS just moved up. CPQ opened high then tanked. Its crazy. 2H 98 definitely looks even better financially. PE expansion should occur from low 30's to low 40's. Could see mid to high 60's this year. Expect LU buyout to occur at around $65/share based on less than 10 times PSR. -hitesh