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Technology Stocks : Ascend Communications (ASND)
ASND 218.14+0.7%2:01 PM EST

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To: Jan Crawley who wrote (60052)2/19/1999 11:35:00 AM
From: Mighty Mizzou  Read Replies (2) of 61433
 
I am in pure heaven! My trading ranges for this baby are where we are now to the 52 week high. If we approach and surpass the 52 week with momentum, I hold until I think momentum is waning. Then I sell my trading shares until we reach a new bottom. TIMING IS EVERYTHING! I think ASND will rise to the 52 week from now on so hold until we get into high 80 / low 90's. Like I say, watch the momentum and volume. Everyday the split and merger are approaching which means the arb will shrink. In ASND's case this is as bullish as it gets. I know this sounds confusing and if you want me to detail this philosophy PM me and Ill get back to you ASAP.

GO ASND/LU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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