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Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%Nov 20 3:59 PM EST
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To: Peter Yang who wrote (42984)4/8/1998 9:26:00 PM
From: S. M. SAIFEE  Read Replies (1) of 61433
 
Briefing com is contarian indicator, they kept on recommending stock
at 50-55 range, stock kept on dropping, they kept buy rating all the way down and changed to sell when stock was down to 32. ASND is very hard to figure but last eight months, stock has gone thru complete down cycle technically and fundamentally, stock is just about to break out up side on chart and if earnings and future forecast syncs with technicals, we should see very powerful up move.
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