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Technology Stocks : Ascend Communications (ASND)
ASND 207.04+0.7%3:59 PM EST

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To: SMALL FRY who wrote (28431)12/20/1997 1:39:00 AM
From: Douglas V. Fant   of 61433
 
SMALL FRY, ASND is flirting with its 50-day moving average. Also volume bulding on up days and ASND up/down pattern now indicates that the stock is being accumulated for the first time in some time.

Also the 50-day moving average is starting to flatten out (instead of heading down) for the first time in six months. Barring some weird news out of the blue, then these are signs of a stock that is bottoming.....

Sincerely,

Doug F.
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