Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: Narotham Reddy who wrote (7982)	8/5/1997 11:55:00 AM
From: vegetarian	of 61433

Wow! look at all those transactions on uptick they sucked out all the sellers in high 54 range, My suspicion is that ASND will face resistance again around 57 which is its 200 DMA if it reaches there today. I think CSCO is helping ASND today but it will do so tomorrow only if CSCO comes up with a blowout Q, else there will be selling on the news. Today's price action is good but on moderate volume, I will have to think hard whether I should keep it for tomorrow.

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