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Technology Stocks : Ascend Communications (ASND)
ASND 212.55+1.2%Nov 28 12:59 PM EST
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To: Verona who wrote (7993)8/5/1997 1:49:00 PM
From: vegetarian   of 61433
 
Looks like distribution going on in ASND on a good volume.
Next week is options expiration so I would not hold my breath.
I doubt we might see immediate relief unless some good news is out, NASDAQ has already had a good run up, three successive 10+ point days.
If CSCO has an OK Q (instead of blowout), there may be more buying opp at options expiration time.
Of course, the way ASND trades it will prove my prediction wrong.
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