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Technology Stocks : Ascend Communications (ASND)
ASND 209.98+4.3%Dec 11 3:59 PM EST

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To: WBendus who wrote (7713)7/30/1997 8:53:00 AM
From: Sector Investor   of 61433
 
<<I suspect that ASND may go down in sympathy early on,>>

My read is that many funds WANT to own this stock and are afraid of
missing the boat after dumping it on the 56K issue.
They will fall all over themselves trying to get in.
I predict another large move up today and possibly tomorrow before any
pullback. This run up will be STRONG! I bet we cross 60 on Thursday intraday.

Maria Bartiromo just mentioned the ASND conference yesterday and repeated
what I posted yesterday, but adds something about a possible deal
with Nortel as well. She followed with NEGATIVE comments on COMS from
the same conference.

NORTEL too!
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