Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.40

-1.5%

3:04 PM EST

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To: AlanH who wrote (40255)	3/19/1998 6:52:00 PM
From: Monica	Read Replies (3) of 61433

I was studying charts for cs,nn,bay,nt, and asnd. I looked at them during the period of 3/97 to the present. They all, with the exception of ascend, have a definite cyclical pattern of going up at the end of april/beginning of may. They all peak around september/october and then head back down. Ascend was the exception because of the 10K and then missing 3rd quarter 97. Most people have said ascend will do better in the second half. This cyclical pattern would help support that idea. Ascend is much more volatile than the rest of these stocks also. Run-ups on an average of 15-16 pts are usually a peak and then it falls back down about half that. It then starts back up with smaller peaks and valleys along the way. I would guess asnd will be at 47 at the middle of june and then fall back to about 40. I would also expect asnd to run up to 38 or more at the end of this month and the beginning of april. It should then retrace to about 35 and get ready for it's next run-up to 47. My thoughts for whatever they are worth.

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