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Technology Stocks : Ascend Communications (ASND)
ASND 197.10+0.1%1:24 PM EST

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To: sepku who wrote (10053)8/28/1997 7:41:00 PM
From: Kumar Nathan   of 61433
 
"I get the uncomfortable feeling that because they don't have anything nice to say, they're not
saying anything at all."

NTT deal?

I noticed that ASND closed exactly at the half of its todays trading range. It signifies that the bottom is being tested pretty heavily and there is support at higher level. Tommorrow will be a tell tale. If stock closed higher tommorrow then there wont be any more carnage due to this. Even though negative publicities appears investors are holding it due to its long term outlook.

Regards

Kumar
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