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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Chi-X who wrote (7632)7/29/1997 8:22:00 PM
From: Andrew White   of 61433
 
Volume leader on the Nasdaq closed at $53 1/8 YeeeeHaaaWwwwWww!!! News is
that the CEO of ASND gave positive outlook for second half of year saying that
CSCC sales and European sales will be up. This pretty much settles things into next
quarters earnings. I know it's a little early, but this could be an earnings play. See you
guys at $70+ by the time next earnings is released. The monster is back! Short
sellers to be squeezed. News at 11:00! That's the Fact Jack!

You loading up the truck like I am? Beep beep beep beep (watch out behind)...

Cheers,
Chi-X has Spoken!
------------------------- Chi-x ------------------

Hmm.. I don't like this at all... Chi-X generally posts pretty solid, techincal posts. But this one above is all hype and wishful thinking.. I believe it's time to sell and take your lucky profits.. If not now, then DEFINITELY when it nears 60... I'll call this.. No way in hell ASND breaks 60 1/2 within the next 30 days... If it is to break 60, it'll be AFTER great earnings are released for next quarter.

Andy
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