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Technology Stocks : Ascend Communications (ASND)
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To: Gary Korn who wrote (38391)3/8/1998 4:35:00 PM
From: blankmind  Read Replies (1) of 61433
 
i am also hoping to see a move up past 37, and then evaluate if i should sell part of my position. i believe it will depend on monday and tuesday how the market responds to the cpq, intc, and mot announcements if we have a chance of moving past 37 before options expire.

fortunately pc's shipments are not slowing down, but irrational selling of other stocks occur when certain giants sneeze. in this case so long as pc ownership continues to increase, the owners will need more bandwith, and companies such as asnd should do well.
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