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

To: djane who wrote (52353)	8/19/1998 4:03:00 PM
From: garrick le	Read Replies (1) \| Respond to of 61433

I also bought more at 47 to add to my long-term portfolio. Hope it shows some strength later on. GL

To: djane who wrote (52353)	8/19/1998 4:28:00 PM
From: Sonny	Read Replies (1) \| Respond to of 61433

Very good move DJ ... looks like it was hardly affected by late NASD sell-off ... also from the buffer point of view (away from 52-week high), today-late-afternoon it looks like, ASND is offering a much better RS picture, than CSCO, which fell in parallel with NASD late in the day, after bouncing off near its 52-week high earlier. All in all, ASND holders look like VERY RELUCTANT SELLERS ... as they may know something beautiful is in store for them in near future ... and this is EXTREMELY BULLISH, imho! Attraction of LU seduction is always there; but just from the coming earnings point of view (which are expected to be stellar), its a great buy. An 11B baby can turn and double almost overnight relatively, compared with 100B mountains. I think and hope, the only tele-investors who are out of ASND right now, are out just because their capital may be tied somewhere else, and are presently short of new cash, to put in this baby. Any other explanation just wouldn't make sense. regards to all, -/Sonny.