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Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%3:59 PM EST

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To: Jeffery E. Forrest who wrote (41806)4/2/1998 7:52:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 61433
 
A move back to 35 would do several things.
It would fill the gap.
It would be an approx. 50% retracement which is healthy for a stock on a bull run.
It would test the 200 and 20 Day MA's.
A test of that area would strengthen things considerably in preparation for an assault on
the $40-50 range


This sounds good to me. I wish to add to my position again.

Glenn
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