Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.98

+1.8%

Jan 7 3:59 PM EST

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To: James who wrote (7497)	7/28/1997 4:47:00 PM
From: Brian Pastor	of 61433

Hope you are right. I think the long term is not an issue. But for call players and short term, it does not look encouraging unless you got in today. Although, I still have not seen any resistance on the downtrend. And, this was a sector moving down today, not just a single stock, although as one previous commentator noted, ASND seems to make more pronounced moves on the bear side than on the bull side. It would be nice to see a bit of news come out (Oh, such as Lucent buys ASND for $75.00/share, oh, heck while were at why not just make it $175.00/share). In any event, I'm going to look at this again on Friday and see where we are then. Luck to the rest of you during the week (except the shorts and the put buyers, sorry guys, hope the longs win the next round).

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