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


To: Jeff Jordan who wrote (30251)1/13/1998 9:24:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 61433
 
Jeff:

I think; on a day like today, Those momentum stocks are pushed up by short-covering because they were pushed down by the same players. As for Asnd we have received some additional assurance that the down side/up side rates are improving today. In my opinion our hands are stronger in the next few weeks/months.

Maybe we will consider a little trading going forward. Any short term range/target ?

Personally, I have benefited from Gary's excellent report/analysis from the conference last week. I was going to trade a little but instead bought a little close to 25 (not much compare to my long position.)

Regards, Jan