Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.36

-3.3%

3:59 PM EST

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To: Kent Rattey who wrote (51348)	8/3/1998 10:24:00 AM
From: gbh	of 61433

Still plenty of selling pressure out there. Many people are unconvinced. But the fact that the stock is not cratering, means we may have found support here. I think the charts are completely hosed, and not much of an indicator at this point. What time is Ashby supposed to appear on CNBC? Short-term, much hinges on the speed with which ASND can remove these other businesses from the books. Overall market falling 1-2% every day doesn't help much either. I think it will be awhile before we see 50 again.

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