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


To: JustKirk who wrote (59659)2/2/1999 1:05:00 PM
From: H.A.M.  Read Replies (1) | Respond to of 61433
 
Lucent, MCI Worlcom Likely Stk-Split Candidates: Analyst

Dow Jones Newswires
February 2, 1999

NEW YORK -- Lucent Technologies Inc. (LU) and MCI Worldcom Inc. (WCOM) are likely stock-split candidates, a market analyst for Standard & Poor's says.

In an interview with CNBC on Tuesday, Kevin Gooley, analyst for S&P's PersonalWealth.com, said that, in general, stock splits indicate a company's own confidence in its future. But now, amid Internet-related companies with no earnings, a stock split's meaning is trickier, he said.

"So many of them (Internet-related stocks) are splitting now it gets to be somewhat of a question." Gooley said.

He also offered tips on spotting likely stock splits, saying investors should focus on stock prices that have run up and on companies with a history of splitting their stocks.

Although it's no guarantee, stocks that split over the long term outperform those that don't split, Gooley added

-Heesun Wee 201-938-5392



To: JustKirk who wrote (59659)2/2/1999 6:04:00 PM
From: Mighty Mizzou  Read Replies (3) | Respond to of 61433
 
You're very welcome Jane. Today showed some fundamental strength in ASND and LU. But we'll see how the market reacts to CSCO tomorrow. Probably not good considering it's vast run up and beating by only 1 cent. Plus the market has had one HECK of a run since October. I expect some consolidation the rest of this week going into next. So keep an eye on our little jewel. It might go down in sympathy but if the market perceives CSCO weakness due to ASND/LU then we could see either a holding pattern or a rise. If it rises, let your 300 rise with it and look for another diamond in the rough. I dont think it will rise much before the merger unless next earnings are a blowout, LU is richly valued as is. DO NOT EVER sell your 300 shares!!! It will be 600 soon.

I will post when I get back into ASND with my play money. Just off the top of my head I would assume sometime in early March when prices rise in anticipation of earnings. I will NEVER sell my core holdings! GO ASND!!!!!!!!!!!



To: JustKirk who wrote (59659)2/4/1999 5:09:00 PM
From: Mighty Mizzou  Read Replies (2) | Respond to of 61433
 
Will you please post when you think it will be a good time to get back into ASND?

I think these levels look attractive. Might want to watch it tomorrow. I'm waiting to see what it does at the open. Ill either buy at the open or wait till the close to see what happens. Playing it by ear. GO ASND!!!!!!!!!!!!!!!!!!!!!!!!!!