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Technology Stocks : Ascend Communications (ASND)
ASND 210.09-1.5%2:26 PM EST
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To: vegetarian who wrote (11695)9/11/1997 2:55:00 PM
From: jeff wheatley   of 61433
 
I noticed the same thing, classical TA. The volume counts big in this view. As far as the bottom goes, when COMS fell it went to a PEG (trailing 4Q P/E over projected forward 4Q growth) of about 0.5. I don't think ASND will go that low, but you never know.
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