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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST

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To: Sector Investor who wrote (13170)9/17/1997 9:02:00 AM
From: Intel Trader   of 61433
 
Having a sample of two, (those who have 'doubled up' over the last couple of days), and the average being around the high 30s, I have a really lousy projection of the near term high for ASND:

$39 1/2. Why??

Everybody is trying to get an easy profit. Because of instability, I can easily see selling around the $40 point.

it.
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