Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.27

-2.4%

12:40 PM EST

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To: dougjn who wrote (10027)	8/28/1997 5:08:00 PM
From: Greg Jung	of 61433

doug, I was with you as skeptic back last time asnd hit 40, but I watched it too much and got snagged into buying it yesterday. Oh well, I'm learning. However if asnd is to be a leader of any kind and if we have a rally in the market of any sort, which is the seasonal practise for networking, I'm ok for a trade up and out. If 3com wins big I've got options riding that horse, maybe pay off my margin, keep my stocks and take a break. for 3com, 45 level solid 48 level soft, 55 resistance which I figure to get by about next week. Work through that to 60 by earnings, following that will depend on what the number is. Is that too optimistic? maybe, but I've lost a lot of money not being optimistic enough in 3com. Greg

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