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Technology Stocks : Ascend Communications (ASND)
ASND 213.240.0%3:59 PM EST

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To: Harry Ehrlich who wrote (14011)9/23/1997 12:10:00 AM
From: Ben Tang   of 61433
 
Harry,

What I can say now is that ASND looks good short term and long term. The chart seems to want a test of 40. Whether we break through it or not is hard to say, anybody's guess is just as good as mine. However, from the gloom and doom I read in this thread tonight , I can see some shorts are really scared. If you are in short, you see ASND is piercing upward through the downward trendline, closing onto its resistance at 40, and it keeps knocking it while waiting for 3Coms's earning which has the potential to send ASND explode, what would you do? I don't know, it looks like ASND wants some 4 or more points upswing day like it used to before.

Ben
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