Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 196.84

-4.9%

3:59 PM EST

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To: Tim Luke who wrote (53114)	8/28/1998 5:06:00 PM
From: James A. Venooker	Read Replies (1) of 61433

Dear Tim, Thanks for the compliment. I believe we are extremely close if not at bottom. August has been historically a very volatile month, I believe 3 out of 4 of the highest volume days on the Dow have taken place in August. Let's kiss August GOOD-BYE, and hope September brings better luck. Remember shoppers you have only 115 shopping days til Christmas. I am holding my prediction that 7800 remains a key support. The Nasdaq seems to parallel the Dow on up swings and down (at least over the long haul). Next week should bring better tidings and I am looking for 8600 by next Friday. Your call is better than mine, good luck..... Jamie

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