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Technology Stocks : Ascend Communications (ASND)
ASND 210.44-3.1%11:42 AM EST

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To: Russ 5150 who wrote (29902)1/10/1998 7:39:00 PM
From: Sector Investor  Read Replies (1) of 61433
 
<<I think you are absolutely correct. Some of those at the bottom probably will have a much greater percentage swing than ASND. But which to choose and how many?>>

I don't think so at all. ASND had it's day at the bottom of the chart, while COMS was nearer the top. How long did ASND have it's "dog" days - at least 5 months, where the trend was DOWN, not UP.

Now, we clearly see sentiment in the process of changing - news articles, motley fool, analyst reports, SI thread sentiment, etc.
This UP trend is not a 2 week thing. In the midst of all the tech
warnings, Asia fears, etc. ASND is shining like a beacon. They have repeatedly indicated comfort, not just with Q4, but with all of 1998.

The street doesn't like uncertainty and they will come back to ASND - in torrents after they make Q4 and positive CC, plus good news
on the "Golden Release".

I think ASND will stay at or near the top of Gary's spreadsheet for mkost of the year - and pulling away.
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