Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 200.33

-3.2%

11:49 AM EST

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To: sepku who wrote (36695)	2/27/1998 5:38:00 PM
From: Glenn D. Rudolph	of 61433

As for your views on ASND breaking the 200dma, you're even more bullish than I. I was expecting 40 by March expiration, and 45 going into mid-April. However, you're right...with technical (psychological) reinforcement behind the improving fundamentals, and increasing awareness going forward that ASND will probably beat Q1 expectations, this stock could easily be trading at mid-40 before April. Intersting thought. My perception has changed too. I was anticipating 40 by March expiration but that may happen sooner. Glenn

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