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Technology Stocks : Ascend Communications (ASND)
ASND 209.98+4.3%3:59 PM EST
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To: Ben Tang who wrote (13461)9/18/1997 9:33:00 PM
From: John F. Dowd   of 61433
 
Dear Ben:

The 3 ups are indeed encouraging however they are accompanied by decreasing upside volume showing that the upside buying has slowed sequentially on these last 3 up days. It seems to be statistically running out of steam. Being long I would hope I am wrong but the numbers are there. The chart info comes from a great set of charts at www.bigcharts.com
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