Ascend Communications (ASND) Message Board

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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: Dennis R. Duke who wrote (46946)	5/15/1998 9:44:00 AM
From: Sure Thing	Read Replies (1) of 61433

"Personally, I am hoping for a fed watch market to give me a shot at re-entry on my trading shares at 43ish." Dennis, I placed GTC orders to buy ASND at 43 1/2 on Monday, but of course the stock was strong all week. With this kind of strength we should close above 46 today. I love Tim's prediction of 50 next week, however it seems a bit high. Since mid April I have been trading the stock on the belief it would reach 48 1/2 by the end of May. Then, it would have an excellent chance of cracking 50 before earnings in July. I will be a buyer of ASND in June if it pulls back 4 points from it's high in May. Happy Ascending, - Sure Thing -

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