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Technology Stocks : Ascend Communications (ASND)
ASND 209.76-1.2%2:55 PM EST
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To: Gary Korn who wrote (20158)10/31/1997 9:41:00 AM
From: Tim Luke  Read Replies (3) of 61433
 
Gary,
Like I stated yesterday asnd has hit a bottom, if asnd can close up on a "Friday" this will be a very bullish sign.

If we can get to 31-33 sometime next week I could very well lose my bet for the end of year target of under 40. If we break low 30's I think the MM will take notice and start loading up on asnd and that will push us pass 40 easy.

Keep in mind the story could change on the drop of a dime and this stock will do a 180. For some reason I think the tide is turning here.
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