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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: Tim Luke who wrote (46430)5/9/1998 9:52:00 PM
From: Darren  Read Replies (1) of 61433
 
What is your thought on how asnd will trade next week?

We'll know by 10:30a EDT Monday. If it's at 46, you're probably safe. If there is any weakness or GSCO is holding it up as he has been doing, you're toast. Frankly, I think 45 is really high for the current market, not for the stock. I think the pullback will last as long as the market corrects. Then, I think 50 is a real possibility. I wouldn't want to be an investor though because I still have an earnings question for this current quarter...I'm not trying to start rumors, I want to find that article...
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