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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%3:59 PM EST
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To: Gary Korn who wrote (32225)1/27/1998 5:23:00 PM
From: Tim Luke  Read Replies (1) of 61433
 
Gary,

All your points make since but asnd is back to being a trading stock (ie volume). I hate to say this and I know many will disagree but the only way that "I see" asnd breaking 40 this year is "when" not if they get new owners. I doubt that asnd will close below 27 anytime this year, in my opinion the worse is over for the company. But the days when in could move 5+ points in one day are over.

I guess the good news is this is the bottom, so it's all up from here.
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