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Technology Stocks : Ascend Communications (ASND)
ASND 210.09-1.5%2:26 PM EST
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To: K MAC who wrote (14615)9/26/1997 8:33:00 PM
From: Tim Luke   of 61433
 
My take:

I no longer day trade asnd anymore, I have 300 shares long and thats it for me. But even if asnd hit the # the stock will not break over 40 and stay there. Its range will be from 34-42 for the next 6 months before it can push above 45 and on. Even coms had a good # and the stock is stale in fact the whole sector is stale so just sit back and wait we are going to be in this slump fo awhile.

My opinion take it or leave it.
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