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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: Gary Wisdom who wrote (39809)3/18/1998 12:39:00 PM
From: Joseph Colombo  Read Replies (1) of 61433
 
<<But for it to be where it's at now with this much selling pressure, that to me is a really positive sign.>>

Gary,

All of us on this thread been watching this company on a daily basis. And the last couple of months have been very positive, but watching to close and guessing every trade can be nerve racking.

To put into perspective, Ascend's trend is up. With the occasional flat times like the last week or two.

Most on this thread feel that 60 some time in 1998 is very likely.

I think if x.DSL starts to take off this year, it will put pressure on the companies who have the Infrastructure of the Internet to add bandwidth. That means sales for the network equipment makers.

Keep the faith.

Joe
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