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

To: Sector Investor who wrote (31071)	1/19/1998 11:03:00 PM
From: Jim Lou	Read Replies (1) \| Respond to of 61433

The Germans landed. Well, is it true that asnd went up 10 points in Germany, as I just read? Looking at the chart, I'd say that, given the fact that it has crossed the 50 MA, the uptrend is strongly confirmed. Even if the earnings were off a few cents, we could still hold on to it. My estimate is .21-.23. I understand that the earnings range is .21- .24. Correct me if I am wrong here. If the actual earning is .30 to .35, we'd see a pop of 5 points, but I doubt it.