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


To: Bernard Gauthier who wrote (24881)11/28/1997 9:24:00 AM
From: Jeffery E. Forrest  Respond to of 61433
 
I'm mostly basing my opinion on technicals at this point. The chart "looks" like it wants to go there.

The renewed increase in short interest seems to support this.

That said, I think a "successful" test of the 20 dollar level could make for a compelling technical picture.

That's a stretch at this point as it contains alot of "what if's", but it's no more a stretch than than the one I saw here about IBM being a buyer.
Now THAT'S a stretch.