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Technology Stocks : Ascend Communications (ASND)
ASND 201.40+2.3%Dec 10 3:59 PM EST

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To: casey (guessed password) who wrote (7721)7/30/1997 9:26:00 AM
From: Tom Latham   of 61433
 
Casey as per your reply to Steve; ASND chart has been quite hostile. I think the forcast is greatly strengthened and more clear for the next 3 to 6 months. Look at the ASND chart Feb '96 to June '96 ----46 to 72 in this time frame with consistant momentum. This I think is a parallel to what we can see forth-coming.( But yes the momentum players are at the party now but I still do not think the chart in the next 6 months can be as hostile as the last few have ). TOM
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