Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: john dodson who wrote (29270)	1/4/1998 2:22:00 PM
From: JR2	Respond to of 61433

J.D. IS NT a partner they can count on to help leverage up some sales.. IBM? Southwes BELL? They seem to be in the ballgame. Does their management impress you? What would you recommend to them if you understand this market enough to do so? my TRUCK is in reverse but i am low on gas, please advise. THNX jr2

To: john dodson who wrote (29270)	1/4/1998 5:15:00 PM
From: username	Respond to of 61433

John, OT TA Re: Shiva (no fundamentals considered), the 6 mo. daily chart is very similar to ASND. The break of uptrend in mid-November has reached its downside target within a half point, and the accumulation pattern that has started forming looks promising. My chart says if the current pattern holds up, (i.e. no nasty downside surprise), and the short term resistance at 9 is overcome and holds, the stock can easily go to a target of 14 « with some short term resistance at 10 «. There is a potential for a higher target upside, depending on future action. Technically, this puppy looks very very promising, but I gotta think the fundamentals will hurt it. pete