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

To: Sonny who wrote (51995)	8/13/1998 10:34:00 AM
From: Mighty Mizzou	Read Replies (2) \| Respond to of 61433

Ditto Sonny! Your analysis is consistent with today's price action. Plus there is an ENORMOUS amount of cash sitting on the sidelines. 1.5 billion flowed into MF's just last Friday. Alot of capital has been taken out of the market in the last few weeks, where is all of this cash going to go, bonds, gold? HA! It's going to go into the "New Public Network", the fastest growing emerging market in the world!

To: Sonny who wrote (51995)	8/13/1998 10:35:00 AM
From: djane	Respond to of 61433

Sonny, you're probably right. As I wrote, I don't really anticipate a large drop (ala SRA). Besides the article, my sale was also influenced by overall market/foreign jitters, not holding on Fridays in August (I just got killed last year), and Clinton's testimony on Monday. I remain very positive on ASND's fundamental prospects.

To: Sonny who wrote (51995)	8/13/1998 10:49:00 AM
From: Immi	Respond to of 61433

all, just count the days till oct 1st. couple this with strong fundamentals, + all the money managers (e.g. the article djane put up about the money show) waiting on the sidelines expecting a takeover. Expectation, leads to buying ASND. Asia turmoil or no turmoil. I am holding till LU buys me out. Immi

To: Sonny who wrote (51995)	8/13/1998 11:37:00 AM
From: gbh	Respond to of 61433

Sonny, for someone willing and able to watch the stock minute to minute, there will be ample opportunity to re-enter lower than 49 (I assume djane is out somewhere near this). It might not reach 44-45 again (unless we see the DOW below 8000) but we will see 47-48. Maybe even today. Gary

To: Sonny who wrote (51995)	8/13/1998 11:53:00 AM
From: djane	Read Replies (1) \| Respond to of 61433

Sonny, to follow up. My intention was to post my thoughts and trading (not long-term) call as someone who fairly closely follows ASND and to invite critique. I carefully read your response and believe it has some merit. The power of SI at its finest. P.S. I desperately want the power to drive ASND up and down 5 points at will. Maybe SI threadsters should form a consortium to do a hostile takeover of the SJ Mercury and Knight-Ridder so we can plant stories at will <<gg>>?

To: Sonny who wrote (51995)	8/13/1998 1:14:00 PM
From: Spaw	Read Replies (5) \| Respond to of 61433

Sonny, I trade full time and watch Ascend like a hawk. Today the AMEX MMs bought 1000 Dec. 50 puts and sold 1000 Dec.50 calls. That is a bearish trade and the MMs are usually right. Also, there is heavy action in the Sept. 40 puts: over 4000 traded. Additionally, from a technical standpoint, ASND broke its ascending trendline on July 31 and has been unable to move back into the channel. It is in a sideways to down(trend) now. I love this stock and have made all kinds of money trading it. Right now, the best way to trade asnd is from the short side. I will say, however, that we should see a solid rally in Sept. in anticipation of The Lucent deal. Just my $.02, --spaw--