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Technology Stocks : Ascend Communications (ASND)
ASND 208.87+2.9%Jan 12 3:59 PM EST

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To: Mike Whalen who wrote (11059)9/9/1997 10:09:00 PM
From: Narotham Reddy   of 61433
 
"Day Traders" target still $55-60

ASND still remains hot on "Day Traders" recommended list(remember these people reporedly brought down RMBS 19 odd points in a day last month). Their target on ASND is still $55-60 and are holding it
tight since 7/31/97.

Day Traders comment (Tue Sept 9, 1997)

"ASND - Let's average one more time. As long as it can hold
around $39 to $40, the stock looks like an excellent accumulation at these levels. We would suspect a price target of $55 to $60 over the longer term here."

Sounds bullish enough ?

Narotham
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