Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Bounceback who wrote (12987)	9/15/1997 10:47:00 PM
From: pkwknk	of 61433

...very unusual for a stock to have a significant rebound after the TA breakdown on 9/12 below 36, reinforced by big selloff today...trading bounces are always possible, but stock hasnt even hit bottom, let alone rebuild...IMHO starting to buy here one will make money interm/ long term, but must average in as it potential drops another 10-20% to mis 20's...you only get a true sense of how much momentum $$$ are in a stock when it barrels out...

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