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Technology Stocks : Ascend Communications (ASND)
ASND 207.04+0.7%Dec 8 3:59 PM EST

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To: HEXonX who wrote (33498)2/5/1998 4:13:00 PM
From: sepku   of 61433
 
>>>Only after they accumulate for their clients and then they will upgrade ASND.<<<

That's practically the rule on Wall Street. Notice that we all were aware of the heavy institutional accumulation of ASND beginning in mid-November, later confirmed by improved accumulation ratings published in IBD, and now taking form in the sudden optimism and raised expectations by several analysts over the past few weeks.

Let's just hope Merril Lynch doesn't toss in a strong buy on ASND until at least 50...they've got to be my #1 most-accurate contra-indicator. That's when I sell.

Style Pts.
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