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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 3:59 PM EST

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To: Kirk Nikoloudis who wrote (41760)3/31/1998 9:39:00 PM
From: RobZ  Read Replies (1) of 61433
 
Re:"Technically, ASND could hit the low 30's by weeks end."

Without a general market correction to escort it there, this seems like the prognostication of a Short. Factors such as a strong, positive earnings report anticipated only 7 trading days from now would suggest something besides a 10-15% correction in ASND. The Calgary glitch and the downgrade last time we were here ($38) are not "technical" are they?
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