Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 214.77

+2.3%

10:26 AM EST

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To: vegetarian who wrote (8019)	8/5/1997 4:19:00 PM
From: Tom Hays	of 61433

I made the supreme sac for you guys. I sold half my position at 53 1/2. for a 24% profit. ASND traded higher and closed lower, a short trend reversal. The chart pattens are holding ,but I took a little off the table just in case. Hope CSCO earnings can help this turtle out. Out of all the networking stocks ASND in lagging badly. Because of all the earning momentum decleerating in many stocks, this market is starting to lose its breath. Fewer and fewer stocks are participating in the rallies. The bull market is narrowing. IMHO. Tom Hays

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