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Technology Stocks : Ascend Communications (ASND)
ASND 210.50-0.8%9:45 AM EST

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To: Jeff Jordan who wrote (23614)11/17/1997 12:08:00 AM
From: N4ZQ  Read Replies (3) of 61433
 
Jeff, if you buy asnd at this level, you are flying blind.asnd has given NO indication that distribution beginning at much higher levels is over. Yes you could buy it here and it's possible the stock could march forward and never look back but that is a high risk bet. I'm still looking for an entry point with low risk and that point may in fact be at a higher price level...we'll see.My preference is to let the market, not my gut, tell me when asnd is ready.
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