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Technology Stocks : Ascend Communications (ASND)

ASND 212.29

-2.2%

3:59 PM EST

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To: Mark Duper who wrote (56845)	11/5/1998 8:27:00 PM
From: Jorj X Mckie	Read Replies (2) of 61433

Mark, P&F isn't based on closing price. So the P&F analysis still holds and is very bullish. It will be interesting to see what happens tomorrow though. There is a chance that it was a sympathy move with CSCO. However, P&F concepts say that this does not matter as it was a break through serious resistance regardless of the reason. Tom

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