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Technology Stocks : Ascend Communications (ASND)
ASND 197.59-0.8%Nov 7 9:30 AM EST

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To: Bald Eagle who wrote (30415)1/14/1998 5:35:00 PM
From: uu  Read Replies (1) of 61433
 
Wiseowl:

> Is this ASND upward trend for real? Suggestions?

Unless ASND comes up with real impressive numbers and an extra ordinary bullish outlook for the next couple of quarters when their earnings are announced on 1/20, I dont think the upward movement is for real. Big boys will be pushing the price UP till the earnings come out after which they will take their profits and run. For now I think the stock is in upward move (price of $28.5-$34.5). However I have been wrong in the past many times!

Regards,

Addi Jamshidi
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