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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST

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To: Andreas Wappelt who wrote (19861)10/30/1997 10:21:00 AM
From: Tim Luke  Read Replies (1) of 61433
 
Andreas,
Considering the last few days and what is going on behind the ceo's closed door at asnd I think they are holding up pretty well at this price level. I don't see asnd holding below 25-26 it may dip there for a bit but I think its safe to say this is the bottom.

I'm sticking by my year end target price of 36-38 but I'm starting to think its a good buy at this price level.
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