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

To: hitesh puri who wrote (51417)	8/3/1998 2:52:00 PM
From: djane	Read Replies (4) \| Respond to of 61433

Mutual fund conference room scenario (rights reserved) Bunch of guys in white shirts and power ties sitting around discussing how to invest the daily $10-15M inflow Dick (older Buffet type): Glancing at the WSJ. What do you think about that ASND/SRA thing? Bob (younger tech-knowledgeable type): I think we should jump on it. Deal makes sense. ASND is well-positioned in networking field, doing well against CSCO in telecom/carrier market, and LU may acquire it after 10/1/98. Dick: Ahh, CSCO and LU -- what great stocks. Too bad I missed them. What does ASND do again? Bob (getting a little testy): Networking. Ya know, Internet backbone, ATM, remote access, SS7, data replacing voice equipment. Dick (looking out the window): Maybe we should snap up some CSCO. No one ever got fired for buying it. Bob (getting agitated): Well, CSCO is a great company, but it could be a little overvalued at this point. ASND should have a nice "easy money" run from $45 to $70 with limited downside. Nice risk/reward ratio. Dick: I don't know. Tech stocks make me nervous. What's KO selling at? Bob: GRRRRRRRR.....