Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 204.41

-1.0%

Nov 14 3:59 PM EST

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To: S. M. SAIFEE who wrote (30697)	1/16/1998 10:08:00 AM
From: hitesh puri	Read Replies (1) of 61433

It was very important for ASND to take the licking from 35 down to 23 in Nov and Dec last year. That flushed the weak hands and deep in profit (since IPO days) holders. Now the trend is back up and you will see how the upgrades start blooming since they have loaded up in the low 20's. This morning was reminiscent of the earlier days where blocks of 100000 from momentum players were being bought one after the other. -hitesh

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