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

To: Mary Remington who wrote (30003)1/11/1998 10:36:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
So, is ASND a buy here or a hold? I hold shares at about $42. Good place
to $ cost down or sit tight. Opinions please. Thanks, Mary


Mary,

It is my opinion it would be wise to buy more. The overall market may cause unusal action, however.

Glenn



To: Mary Remington who wrote (30003)1/11/1998 12:01:00 PM
From: kvogel  Respond to of 61433
 
Mary,
ASND finally has some positive momentum. It has started an up trend and has a double bottom around 22. There is no resistance til the 30's so I would definitely average down. I own some at 52 so don't feel too bad. The stock was one of a few to buck the overall trend in the market and especially in tech stocks.

Karl


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