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Technology Stocks : Ascend Communications (ASND)
ASND 208.75+4.2%3:12 PM EST

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To: Ross who wrote (15959)10/1/1997 2:35:00 PM
From: Maverick   of 61433
 
I start accumulating today at $32 which is a proven strong support level. WCOM is going to be the 800-lb gorilla as telco/ISP/E-merchant which happens to be ASND's largest customer. The following great article resonates w/ my ASND investment thesis:
investor.msn.com

The $32 support have been tested 3 times already. The first one in early Sept at 27 MM vol, the second one at 33.7649 MM vol 9/30, and today at > 8 MM volume 10/1.

I am convinced, from many sources, that ASND may be in the 40's in the next 3 months. At least 8 pts from here are not bad.
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