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

To: Captain James T. Kirk who wrote (30737)	1/16/1998 11:55:00 AM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

For sure you will see 35 on monday ... (being sarcastic) Okay, I'm going to go out on a limb here. Unless ASND closes at 35 today (it won't), I can guarantee that you will not see 35 on Monday. Of course, I'm told that the markets are closed on Monday, so I guess that is a pretty safe guarantee, huh? <G> But, seriously, there is some merit in what Kirk is saying. ASND has come a long way in a short amount of time. The company itself says that the better performance will be 2H98. That being the case, I could see a slight pullback given market fluctuations. On the other end, I can't yet see justification for a quick ride to 50. Arguably, then, SSB's target of 35 makes some sense as the centerpoint of a trading range during the next month or so. Gary Korn