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To: Mang Cheng who wrote (25932)	12/7/1998 8:09:00 PM
From: Moonray	Respond to of 45548

More: Ascend, Networking Shares Rise on Optimism for Demand Bloomberg - Dec 7, 1998 19:31 EST Alameda, California, Dec. 7 (Bloomberg) -- The shares of Ascend Communications Inc., Cisco Systems Inc. and other network-equipment makers rose amid optimism that phone companies and businesses will buy more of their products to link computers. Ascend, based in Alameda, California, surged 6 7/8 to 63 15/16, its highest close in almost two years. San Jose, California-based Cisco, the No. 1 maker of networking gear, climbed 1 15/16 to a record 80 3/16. Phone companies are racing to upgrade old networks or build up new ones to handle the growing popularity of the Internet and mushrooming demand from corporations for data transmission. At the same time, businesses are looking to install more networking gear to route data between departments or even to computers at branch offices in other countries. ''There are expectations that network spending is going to accelerate from 1998 levels,'' said Paul Sagawa, an analyst at Sanford C. Bernstein & Co. Other network-equipment makers also rose. 3Com Corp. climbed to a 13-month high of 44 3/8 before closing at 44 1/4, up 1 1/4. Xylan Corp. rose 7/16 to 21 5/8. Ascend got a further boost from speculation that it may be taken over. Analysts said a purchase of Ascend by Lucent Technologies Inc., the No. 1 phone-equipment maker and an oft- mentioned suitor, could be more viable now, with Lucent up 4 1/4 at 100. Craig Johnson, principal market researcher with Pita Group, said the higher the value that Lucent stock rises, the easier it would be to swap for Ascend shares. ''They would have to put less on the table,'' he said. Ascend and Lucent declined to comment. o~~~ O

To: Mang Cheng who wrote (25932)	12/8/1998 3:41:00 AM
From: Harold S. Kirby	Respond to of 45548

Mang Cheng: There is always a reason(s) why stocks move up or down....it takes alot of homework to determine such....that is what makes wealth. Just remember...for every dollar made...someone gives it up. Redistribution of wealth...occurs in every mkt...all around the world! Fundamentals, TA, and alot of other variables play a role in the making of a mkt...there are no pat formulae to direct one to be on the winning side "all the time"! Gathering from your posts You appear to be more of a Bear when you should be a Bull. More wealth is made in a "wild mkt" than any other...it is your "wits vs others" don't waste your time trying to figure it out....you'll be left out ! Money is made on the upside and downside....there is a time to be long and a time to be short ! HK