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Technology Stocks : Ascend Communications (ASND)
ASND 213.41+1.4%1:36 PM EST

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To: SMALL FRY who wrote (29208)1/3/1998 9:31:00 AM
From: username  Read Replies (2) of 61433
 
<The question... at what price do we sell when it happens? Anybody got an opinion that can help me?>

Check out the action on CHPS last summer for an indication of a possible scenario on a buyout announcement. Those who bailed on that day did real well.

ASND has run hard in the past and then backed off fast with no real "news". If you are in for a trade, you can decide what your target is and sell into the rally.

Once again, my chart says the upside target is 44-47.

pete
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