Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: Dennis R. Duke who wrote (41319)	3/27/1998 1:24:00 PM
From: Edward J. Edwards, III	Read Replies (1) of 61433

I see asnd testing 38 1/4 intra day high in the short term. While I enjoy these 1-2 dollar a day moves up, I am looking for a 3+ point move. I believe it will happen very quickly and wont require news. Alger's comments, which I heard on cnbc, is a positive for those of us who 1 or 2 day trade. With the earnings less in doubt I see a high of 42 3/4, near term, before earnings. Interesting to note that if asnd does report on the 9th, we get a 3 day weekend for everyone to lament that they did not get in before earnings announcement. Then the following friday is options. I expect the next 3 weeks should be very profitable. I also hope we don't see 9000 till after earnings. Ted

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