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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST

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To: getgo234 who wrote (28967)12/30/1997 11:11:00 PM
From: Yiota  Read Replies (1) of 61433
 
Hello,

I'am new on this board, and I would like to say HI to everyone,

getgo, you have a good point to the fact that the delay of the earnings posting, will have further volatility in the short term.. but, the part of the auditors wanting a day or two more to post the earnings of ASND doesn't sound right to me.... I'am an auditor, and I'll speculate that, ASND is waiting for something, thats going to scare alot of the shorts on option day! I feel theirs NEWS PENDING!
(just my speculation, who knows!)

ASND, has made a double bottom, according to my analysis, and it's way-way OVERSOLD, with strong accumulation. thats positive.

I feel we are going to see a peak at 38. $ , with some resistance at 30. $ a break at 30.$ , we will see 38.$ .

Good Luck,

Giota
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