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


To: hitesh puri who wrote (29192)1/2/1998 4:54:00 PM
From: Douglas V. Fant  Respond to of 61433
 
hitesh, Agreed- I have been monitoring ASND's daily Up/Down Trade Ratio for about eight months now. It turned positive back about a month ago for the first time in about 10 months. And in the last two weeks, the positive ratio has improved.

Just one factor to put into your analysis, but definitely more people are buying ASND on the uptick than selling on the downtick..... Indeed I bought more today before the professional traders return Monday.....

Sincerely,

Doug F.



To: hitesh puri who wrote (29192)1/2/1998 5:04:00 PM
From: Narotham Reddy  Read Replies (3) | Respond to of 61433
 
> ASND is definitely under accumulation

Hitesh:

IBD has recently(last week) changed the ACC rank on ASND to "B".
I am expecting this to become an "A" in the next week or so. Same
is true for Cymer(up 2 1/4 today).

Narotham