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Technology Stocks : Ascend Communications (ASND)
ASND 208.75+4.2%3:12 PM EST

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To: AlienTech who wrote (3992)6/11/1997 11:25:00 AM
From: giddy guru   of 61433
 
//gg//

AT,

ASND is one of the best stocks for the long run. But now institutions are dumping so fast and the stock struggling to find the bottom. Remember COMS went all the way to 24 and so many downgrades before it started to turn around.

ASND may go to 60 in Sep but it may go below 35 or even 30 before making a u-turn. Just my opinion. Don't want to be caught up with the falling knife.

/gg/
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