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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: Greg Jung who wrote (46611)5/11/1998 6:09:00 PM
From: Nick Kuritzky  Read Replies (1) of 61433
 
Greg, don't you think such market forces would be stronger if ASND was within a point of 40. Barring a general decline in networkers, I don't think the market will let ASND fall to 40 after getting 3 upgrades at 43. Over the past month, ASND has looked the strongest out of the networkers. But, I hope you are right:I would love to buy more at 40, but so would a lot of other investors, who would start buying as it approaches 40.

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