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


To: SMALL FRY who wrote (28431)12/20/1997 1:39:00 AM
From: Douglas V. Fant  Respond to of 61433
 
SMALL FRY, ASND is flirting with its 50-day moving average. Also volume bulding on up days and ASND up/down pattern now indicates that the stock is being accumulated for the first time in some time.

Also the 50-day moving average is starting to flatten out (instead of heading down) for the first time in six months. Barring some weird news out of the blue, then these are signs of a stock that is bottoming.....

Sincerely,

Doug F.



To: SMALL FRY who wrote (28431)12/22/1997 11:24:00 AM
From: Captain James T. Kirk  Respond to of 61433
 
My opinion was based on the strong close on friday, however it is more reliable when we don't have to wait over the weekend.