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Technology Stocks : Ascend Communications (ASND)
ASND 224.22+1.0%Feb 10 3:59 PM EST

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To: Thomas M. who wrote (6405)7/10/1997 9:50:00 PM
From: Tom Hays   of 61433
 
Tom,

I hope that is a mental stop at 46. This stock is so volatile it could trade down and close that gap at 43 1/2 and end up at 49 for a close. If ASND closes at or above 49 tommorow then we will know for sure that it is headed higher. It is a war right now between those who believe and those who don't. I'm in at 45 and again at 41, so I have room to play. I am going for the positive and wait for earning unless this stock breaks down below 40. I don't think that will happen but I have been wrong before.

Tom Hays
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