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

To: TWC who wrote (25425)	12/3/1997 8:32:00 PM
From: SDNA	Respond to of 61433

I'm not very expeirienced when it comes to technical analysis, however, isn't one of the characteristics of a double bottom the fact that the first bottom should be lower than the second?? Please correct me if I'm wrong...

To: TWC who wrote (25425)	12/3/1997 8:34:00 PM
From: Tim Luke	Read Replies (2) \| Respond to of 61433

I can't look at asnd's chart I get nose bleeds!

To: TWC who wrote (25425)	12/3/1997 9:00:00 PM
From: WBendus	Respond to of 61433

Awwhhh Man! I was feeling a little good about my entry into ASND this afternoon but it appears that you all think the same. This stock will never go up now. Shheeesh, I can't win. I just hope I can get out even in the morning. I finally think that ASND may have bottomed and so does everybody else. I was expecting a move back to $28 but I had better restate that expecatation to $18. Thankyou all for being so opptimistic and ruining my investment.

To: TWC who wrote (25425)	12/3/1997 9:06:00 PM
From: craig crawford	Read Replies (1) \| Respond to of 61433

<< If you look at the ASND chart, it formed a double bottom, very bullish from now on. Only time will tell...... >> People said that at 40. Then they said ASND made a triple bottom. Is ASND going to make a super duper septuplet bottom?

To: TWC who wrote (25425)	12/3/1997 9:15:00 PM
From: scott maragioglio	Respond to of 61433

TWC, I'm Sorry but that is not a double bottom, But on the bright side todays action did give us a Doji star(for you candle stick guys) which is a possible reversal signal. We need the stock to close higher tomorrow to confirm that signal. When the stock is solidly over $30 this stk will have put in a nice bottom.

To: TWC who wrote (25425)	12/4/1997 12:06:00 AM
From: pass pass	Read Replies (1) \| Respond to of 61433

TWC, ASND made a triple bottom at 40. I thought it was pretty safe back then. BTW, the B-bands are getting narrower than ever it seems. Maybe a big move is about to happen, just don't know which direction.