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Technology Stocks : Ascend Communications (ASND)
ASND 212.55+1.2%Nov 28 12:59 PM EST
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To: Mark Duper who wrote (53447)9/1/1998 8:41:00 AM
From: Terry Audette   of 61433
 
Mark,
ASND is so new that longterm data just doesn't exist but a return to its last bottom at 20 something wouldn't surprise me. As for DELL,
MSFT, LU, CSCO, I would think in terms of 50% from the high or at least a strong penetration of the 200 day moving average. In early 97 I bought AOL at 27. Its high a month ago was over 130 and that's
after a split. Prior to buying at 27 I had sold it at $80 something
before it dropped. It can easily go to $27 again. And the same applies to all the others.
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