Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.64

-2.0%

Jan 8 3:59 PM EST

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To: Peter Yang who wrote (25198)	12/2/1997 4:47:00 PM
From: HEXonX	of 61433

>>I intend to believe this quarter will be OK based on the insider trading activities.<< Peter, good point. This makes sense if they do have a good shot for earnings, then the insiders would be allowed to trade now without any repercussion. Currently, the TA looks very short term Bearish. Stochastics shows this signal with a downward movement from 80 to 20 today. Then staying below 20 because the whole sector was down. Long term, I believe the 200 and 50 will cross the end of this year close to 26 - 28. Stochastics is showing a Bullish trend long term and in a slow upward movement on the 20 line. The last time it did that was mid October where it moved up ~3 points. Anyone else care to speculate. At least for moral support :o) HEX

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