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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST

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To: vegetarian who wrote (8008)8/5/1997 3:24:00 PM
From: WBendus   of 61433
 
Look at the daily charts. Almost exactly when ASND started to retreat from the UBS story, CSCO share started their march from 82 5/8 to 83 1/4. During that same time ASND shares went from 55 to the low of the day at 53 3/8. I suspect that as some of those where selling ASND, they were simultaneously purchasing CSCO.

The case still remains extremely bullish for ASND. Buy on these dips.

Wayde.
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