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

To: Jeff Mills who wrote (21175)11/4/1997 9:01:00 PM
From: Howard S.  Read Replies (1) | Respond to of 61433
 
<I am looking to get long here in the $20s but am still looking for a bottom. We may have seen it. >

What will be your target and what is your time horizon after going long?



To: Jeff Mills who wrote (21175)11/4/1997 9:06:00 PM
From: jeff conn  Read Replies (1) | Respond to of 61433
 
ASND downward track reminds me of PRMO last spring. I thought that stock was a steal a $9 in Feb. after its year high was $40 so I loaded up. Of course, the stock fell to $5 within a month so I really learned its almost impossible to predict the bottom. The good news is PRMO is now at $13 and I know ASND will also rebound but it could hit the teens first.


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