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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Ms. X who wrote (20393)11/1/1997 2:13:00 PM
From: mark alan rosenberg  Read Replies (1) | Respond to of 61433
 
First resistance- 28 1/8, next resistance- 31. If there is a
significant break over 31, that may be the
"buy signal".
Monday will probably be a good day on the NASDAQ. Getting over 28
and holding is the first step. Probably will churn 6-8 million
shares just to get there.



To: Ms. X who wrote (20393)11/1/1997 2:26:00 PM
From: Tavros  Read Replies (1) | Respond to of 61433
 
P&F

As I said, I am not a TA expert, but the chart looks this way to me as well. I will continue to look at ASND and do more homework over the weekend with the view to dip in on Monday (assuming, it does not go south of 26) for a little bottom fishing (*), but keeping most of my powder dry. I do appreciate your insights.

Tavros

(*) Being a long-term investor, I only wish I can get the bottom. I do care, however, that I am investing in a company with sound fundamentals