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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: Emile Vidrine who wrote (13132)9/17/1997 12:37:00 PM
From: Nazbuster   of 61433
 
Emile,

You called Ascend pretty well early on... Now that everyone is gloating (I even bought at 32 1/2), how do you read it right now:
1) Sell off is over... up from here.
2) Sell off is over... sideways for awhile (days, weeks?)
3) This is a "bump" with more downside yet to come.

With the recent news (sales, new software, IR positive attitude, etc.), it seems the worst may be over, but I'm too green at this to know. I still need 200 more shares to make my 1000... is 34+ an OK price?
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