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Technology Stocks : Ascend Communications (ASND)
ASND 209.98+4.3%Dec 11 3:59 PM EST

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To: men mailman who wrote (12880)9/15/1997 6:24:00 PM
From: Sniper   of 61433
 
ASND is waaaaay oversold at this point. Saw great support at $32 today. The trend will reverse tommorrow. Lots of anxiety and selling this afternoon into the rumor that ASND would preannounce this evening. Appears the worst carnage is over... MMs got their cheap shares and they're ready to take it back up.

No preannoucement takes some of the jitters out. Analysts have target price of $55-60 on this baby.

Happy trading'

Snipe'
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