Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.98

-1.8%

Dec 26 9:30 AM EST

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To: Ben Tang who wrote (13984)	9/22/1997 9:47:00 PM
From: Harry Ehrlich	of 61433

a close above 38 1/4 tomorrow would be a break of your downward trend Yes, Ascend can break the downtrend easily tomorrow. And today was indeed a nice day for Ascend. Tomorrow has got to be another great day for ASND. Don't you think so? Tomorrow has very good possibilities. Nothing jumped out at me in today's chart, so I will most likely remain on the sidelines. HOWEVER, the COMS chart (earnings after the bell, right?) did jump out at me for a buy tomorrow - if it takes out today's high. And if it does, it will most likely take Ascend up with it and Ascend would easily break its downward trendline. The difficult question here is whether Ascend will have the momentum to break resistance at 40. What do you think, Ben? Harry

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